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Special status within the EU would be jobs boon

31 July, 2017 - by Máirtín Ó Muilleoir

Speaking from the English Midlands on Monday where he is meeting business people interested in investing in Belfast, South Belfast Sinn Féin MLA Máirtín Ó Muilleoir said Special Designated Status for the North post-Brexit would make the region attractive to investors.

Máirtín Ó Muilleoir said:

“As English companies prepare to deal with the disruption of Brexit, many are looking at how best to continue to access the EU market. 

“If the North had Special Status with tariff-free access to both the EU and British market post-Brexit, it would present a compelling proposition to English businesses.

"By refusing to countenance an economic border on the island of Ireland, business people here are saying, in line with the vote to remain in the EU, that we wish the North to be a bridge to Europe, not a border. 

“Business understands that you can’t leave the Single Market and the Customs Union and have a frictionless border. 

“They also understand that trade tariffs, more complex supply chains and compliance with two customs systems will increase costs and lessen competitiveness — which ultimately means fewer jobs and less investment.

“In my discussions in England, I am laying out the possibility of a different vision with goods manufactured in the North having free access to EU and British market. 

“I believe that could be a boon in particular to our manufacturing sector and enable us to continue to say to North American companies that the North is a gateway to the EU." 

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