Oireachtas committee Raporteur meets business and unions on all-island economy
Sinn Féin MLA Conor Murphy has called on the administrations north and south to work together to prioritise all-Ireland economic development.
The Newry Armagh MLA was speaking after he and party colleagues Peadar Toibín TD and Phil Flanagan MLA took part in a series of meetings today with business and trade union representatives in Belfast.
Conor Murphy said:
“We met today in Belfast with the Chamber of Commerce, Trademark, CBI and NIC-ICTU as part of a review by an OireachtasJoint Committee on Jobs, Enterprise and Innovation into the island economy.
“My party colleague Peadar Toibín TD is Rapporteur for the committee and is carrying out a review on the challenges and opportunities of island wide trade.
“Sinn Féin believes there are no advantages for an island nation of 6.4 million people on the edge of Europe having two separate tax regimes, two currencies and legal systems, two public service systems and two separate competing economies.
“A single island economy would provide the opportunity for fair and harmonised progressive taxation, regulation and trade.
“It would provide the tools to create greater opportunities for growth, harmonise workers’ rights and create a better business climate for advancement of entrepreneurial spirit north and south.
“Currently island-wide trade generates £3billion annually with significant potential for growth. Already we have a number of cross-border initiatives, which could provide the foundations on which to build a vibrant all-island economic model.
“The advantages of greater integration of services, structures and bodies on an all-Ireland basis is glaringly obvious, particularly in the present economic climate of reducing budgets and threats to frontline services.“It is imperative both administrations work together to prioritise economic development and to address the challenges facing businesses and the social economy across the island.”