The exact impact that BREXIT will have is dependent on how the UK will try to define its relationship with the EU and how the EU responds to that, Mr Paddy Malone of Dundalk Chamber of Commerce told last week's All-Ireland Dialogue on Brexit at the Royal Hospital Kilmainham.
He said nearly 3,000 commuters cross the border daily in the Dundalk area.
“These people have to know how long that journey will take in order to plan school and crèche deliveries and pick-ups plus other commitments.
“Transport costs, including wages, diesel, (particularly if refrigerated); insurance, will all rise forcing business to identify other customers/suppliers.
“At the time of the budget we said we could compete as long as sterling was in the 80’s but not if it crossed 90p. We need specific targeted relief in this area and specifically central Government to subsidise retail rates for a limited period.
“Finance should be made available for all SME long the border and not just exporting or agri business. The Living City Initiative tshould o extend to Dundalk, but to be targeted and amended for Dundalk’s special needs.
“Peace IV and the projects need to be guaranteed funding to 2020 and beyond.
“Tourism potential of the Mourne Gullion Cooley region to be developed jointly by the relevant agencies on both sides of the border.
“Education support through Horizon 2020 and other schemes is guaranteed beyond 2020.
“The immediate call is for support to the retail sector specifically and the wider SME sector along the border. This could be by way of a rates subsidy, loans to the wider SME, and Dundalk inclusion in the Living City initiative,” Mr Malone said.
He also stated it is not only border towns and counties that will be hit by Brexit.
THOSE ISSUE WILL EFFECT EVERY GOVERNMENT DEPARTMENT AND EVERY PERSON ON THIS ISLAND
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