BRITISH IRISH CHAMBER OF COMMERCE LAUNCHES ITS BIG PRINCIPLES FOR A STRONG BREXIT PARTNERSHIP

  • PROPOSAL “POLITICALLY AMBITIOUS BUT TECHNICALLY ACHIEVABLE”
  • PUTS FORWARD A FRAMEWORK FOR A NEW “CUSTOMS ARRANGEMENT” THAT WOULD AVOID THE NEED FOR A BORDER ON ISLAND OF IRELAND
  • EU POSITION TAKEN INTO ACCOUNT AS IS UK POSITION TO NOT ACCEPT FREEDOM OF MOVEMENT

 

Monday, November 27, 2017: The British Irish Chamber of Commerce has today published a framework for how trade between the UK, Ireland and the EU could work in a post-Brexit world. The document follows extensive consultation with the Chamber’s nine sectoral policy committees and external stakeholders over many months, leading to what the Chamber believes is a politically ambitious but technically achievable solution to the trade issue.

The proposal for the UK and EU to form a new ‘Customs Arrangement’ would eliminate the need for a border on the island of Ireland and addresses concerns about border and customs checks at UK ports. It also best serves the interests of those trading in the UK, Ireland and the EU, while limiting the number of compromises required from the British Government or the EU.

Key objectives of the Big Principles for a Strong Brexit Partnership include:

  • A trade relationship between the UK and the EU that is effectively borderless (including in Ireland and at UK ports) and free from tariff and non-tariff barriers and enabling trade in both goods and services;
  • An alignment of the UK’s tariffs with the established Common External Tariff and continued regulatory alignment to both maintain standards and protect both the UK and the EU from an influx of cheaper, lower quality goods which would endanger citizen safety in manufacturing and food production;
  • A solution to the island of Ireland border issue and protection of the Good Friday Agreement;
  • Pursuit of new global trade deals that are mutually beneficial;
  • Ability for the UK to set out its own migration policy;
  • An alternative model to the CJEU for dispute settlement, just as in other EU trade deals.

Speaking at a launch of the framework this morning, John McGrane, Director-General of the British Irish Chamber of Commerce said; “These Big Principles are being put forward as a positive contribution to the debate on the future of the EU-UK trading relationship. Both parties in the negotiations have spoken of their desire to find a deal that protects the open border on the island of Ireland and this paper offers a possible solution to this challenge. It also seeks to ensure that UK-Irish trade is not unduly undermined by the Brexit process but rather encouraged to grow after we get through this difficult phase.

President of the British Irish Chamber of Commerce, Eoin O’Neill added; “Both Michel Barnier and Prime Minister May have spoken of their hope to have a close and strong trading relationship post-Brexit. What we are providing here is a basis for this, which we expect to be debated and constructively challenged, but which we ultimately hope will facilitate movement towards the detailed work required to establish the foundation for a strong post-Brexit relationship.

To read the report click here

Queries should be directed to Katie Daughen, Head of Brexit Research and Support Services at katie.daughen@britishirishchamber.com

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