Reuters reports that Ireland is working on a financial support scheme to help food exporters maintain their share in the British market in the event of a ‘no deal’ exit for Britain from the European Union.
Ireland would be the European Union country most impacted if the two sides fail to agree a trade deal before Britain’s status quo transition period with the trading bloc ends on Dec. 31.
Foreign Minister Simon Coveney said, “In my view, the focus of that support should be on maintaining market share. At some point in the future we will hopefully be trading again in Britain, and we certainly don’t want to be losing market share for a really important market.”
