How are Irish companies preparing for Brexit?

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It is not too late for Irish companies to take actions to prepare for Britain leaving the European Union, according to the manager of Enterprise Ireland's Brexit unit

Speaking on RTÉ's News at One, Jonathan McMillan said that Irish firms are looking for certainty and that has not appeared yet.

Mr McMillan said the main thing Enterprise Ireland are getting enquiries around is the movement of goods to and from the UK. "It is the first step companies need to do if you want to buy or sell product in with the UK if it becomes a third country," he said. The company's managing director said the uncertainty about what might happen is leading to the deferral of decisions.

He added that the firm has also looked at diversifying away from the UK by opening a new market in the United States."A lot of our raw materials were routed through the UK - now we've looked at trying to source them directly into Ireland to avoid potential delays at customs," he said. Meanwhile, a Co Louth company which trades in oysters has said it is very hard to even put a plan in place for Brexit due to the "stricter" WTO rules around food exports.

 

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They had two years to do so 🤷‍♂️ if they are only starting now then yes, it is a bit too late

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