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'Brexit' could cut Irish/UK trade by 20%: Think tank

The govt estimates that 10% of all workers are reliant on trade with the UK, which is a key trading partner for Ireland

Reuters  |  Dublin 

Trade between Ireland and the United Kingdom could fall by at least 20% if Britain leaves the European Union, with far-reaching consequences also likely in other sectors, an Irish government-commissioned report said on Thursday. British Prime Minister David Cameron plans to renegotiate ties with Europe before holding a referendum by the end of 2017 and the prospect of a "Brexit" already has Ireland's central bank studying the implications for the Irish economy. The government estimates that 10% of all workers are reliant on trade with the UK, which as the ...

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First Published: Thu, November 05 2015. 05:39 IST
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