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British withdrawal from EU would undermine all-Ireland economy - Kearney

1 October, 2015

Sinn Féin National Chairperson Declan Kearney has said a British withdrawal from the European Union would have negative implications for Ireland, north and south. 

Speaking to MEPs at a GUE/NGL study visit in Carrickmacross, Mr Kearney said” 

"A full or even partial British withdrawal would represent a setback for political and economic progress and the process of democratic transformation in the north.

"It would lead to the prospect of reinforced partition with the potential for customs checkpoints, trading tariffs, and adverse knock-on effects for all-island economic activity and cooperation.

"We could see the loss of Common Agriculture & Fisheries Policy payments to those in our agri-economy alongside the loss of EU structural funding which has been central to small, medium enterprise development, community regeneration and government programmes.

"A British exit would negatively affect local business, and the potential for growing the private sector and promoting enterprise and growth. This would undermine the north as a region attractive to foreign investment and as a gateway point for US investors and investment to mainland Europe itself.

"Sinn Féin will oppose any attempts by the British government to withdraw from Europe or make its relationship more conditional." 

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