Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Ireland may pay price of Britain leaving customs union

byCT Report
20/01/2017
in Uncategorized
Share on FacebookShare on Twitter

DUBLIN: While the British prime minister clarified her government’s approach to Brexit on Tuesday, clarity does not bring reassurance for Ireland.

In one key dimension, trade, it is clear that the UK’s approach will be particularly bad for Ireland, as well as maximising the potential damage to the UK economy.

You might also like

China donates livestock vaccines for CPEC 2.0

01/10/2026

Only four new traders file returns under FBR’s fixed tax scheme, Senate panel told

01/10/2026

Nonetheless, for the Irish Government, the most pressing priority is protecting the relationship with Northern Ireland. In that regard, Theresa May’s speech was important in that it recognised the UK’s responsibility to its citizens in the North, acknowledging the need to protect the freedom of movement on these islands. This is an important commitment, as the main potential obstacles to freedom of movement are within the UK’s remit, and not subject to wider EU regulations or interests.

However, the decision to leave the customs union is about as bad as it gets in terms of the economic impact on Ireland. It makes the implementation of a customs border between the North and the Republic inevitable.

Even if there were a free-trade agreement, allowing free movement of goods between the UK and the EU, this will not apply to imports from countries outside the EU. Thus border controls will be essential to ensure that imports from third countries, such as China or India, comply with EU regulations.

Related Stories

China donates livestock vaccines for CPEC 2.0

byCT Report
01/10/2026

ISLAMABAD: Minister for National Food Security Rana Tanveer Hussain has called upon agricultural scientists and researchers to develop focused and...

Only four new traders file returns under FBR’s fixed tax scheme, Senate panel told

byCT Report
01/10/2026

LAHORE: Only four new traders filed tax returns under the government's fixed tax scheme by the statutory deadline, prompting the...

APTMA urges govt to save textile economy

byCT Report
01/10/2026

LAHORE: All Pakistan Textile Mills Association (APTMA) in its 67th Annual General Meeting has demanded the government to save textile...

Container vessel may be leased to support exporters if cargo volumes suffice

byCT Report
01/10/2026

KARACHI: Seeking to help exports beat rising global freight charges and supply chain shortages spawned by rerouted ships, the federal...

Next Post

Irish low-tax model out of steam: Honohan

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.