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The analysis is expected to cover contingency planning for both a trade agreement reached between the EU and the UK and a no-deal scenario.
Mr. Coveney said the stakes are high and “what we are doing as a government is making sure we are fully prepared for all scenarios.”
In London, British Prime Minister Boris Johnson, when asked if he had hopes for a Brexit deal, told reporters at a London hospital this morning: “I am always hopeful … yes, I am very hopeful, but I am to do it. To be honest, I think the situation right now is very complicated. “
Public Expenditure Minister Michael McGrath, speaking on his way to cabinet, said he is still hopeful that a post-Brexit trade deal can be reached saying “there is a will, there is a way.”
Mr McGrath said that he thinks it is positive that the President of the European Union, Ursula von der Leyen, and Mr Johnson are meeting later this week.
“We all know the economic consequences of the lack of a trade agreement. For Ireland alone, we are considering potential tariffs of up to € 1.7 billion on our exports to the UK, of which over 90% falls on the agri-food sector. the stakes are really high, “said McGrath.
It is understood that among the measures that the Cabinet will hear today is a plan to ensure that Covid-19 vaccines arrive in Ireland directly through EU ports, rather than via the UK land bridge, to ensure Delivery.
There was a further increase in the number of Irish companies signing up for the certification required to trade with the UK last month, after Brexit.
The most recent data suggested that 97% of exporters and 94% of importers now have an economic operator registration and identification number.
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Meanwhile, a French MEP and member of President Macron’s La Republique En Marche party has said that “it is better to postpone the [Brexit] I deal rather than have a bad deal. “
On RTÉ’s Morning Ireland, Sandro Gozi said that while an agreement is possible, it is “increasingly difficult” as “the positions of both sides are quite far apart” on pending issues.
Mr Gozi said that fishing is not just a French problem and that “it is not something new” that not enough progress has been made on this issue.
When asked if France would veto a deal it didn’t like on fishing, he said: “Let’s see if it’s good business, we all want good business.” [but] it must be improved in fisheries, but also in the single market. “
Speaking about the same program, former British Prime Minister Theresa May’s spokeswoman says nerves will be tested to the max in the coming days as Brexit negotiations come to an end.
Joey Jones said that if Johnson is hesitant to compromise between single market access and some level of control over the rules, then a “no-deal” is “looking us in the eye.
However, he added, the logic behind the imperative for a deal runs so deep that the assumption remains that they will “come back from the brink.”
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