We could see WTO tariffs put in place if there’s no agreement on the terms of the UK’s Brexit deal, according to the Tánaiste.
Concern is growing at the lack of a deal on terms, with the UK leaving the EU in March 2019 – it had been hoped a final deal would be settled by June but this is looking increasingly unlikely.
Tánaiste Simon Coveney told the Dáil this week that contingency planning is underway in case no agreement is reached.
And he said we could see World Trade Organisation tariffs introduced on cross border trade but that’s unlikely:
The Taoiseach has said the Government will need to question whether there will be a Brexit withdrawal agreement at all if there’s no substantial progress by June.
The final deadline for an agreement between the UK and EU is October, but European leaders will gather next month to check on progress.
As the Brexit talks continue, Leo Varadkar is meeting British Prime Minister Theresa May on the sidelines of a summit in Sofia today.
Speaking in the Bulgarian capital, the Taoiseach said they’ve yet to see a workable alternative to the ‘backstop’ agreement to prevent a hard border in Northern Ireland: