A new Enterprise Ireland survey of 600 companies on the PMI panel in Ireland, conducted in recent weeks for Enterprise Ireland by IHS Markit, revealed that customs and logistics are the top priorities among businesses as the 1st January Brexit deadline approaches.
This was particularly prominent among manufacturing companies with 75% stating that customs and logistics are among their top four priority areas.
When asked about preparedness against their top four priority areas 42% of companies were fully or significantly ready for Brexit. However, one in five companies are still understanding what they need to do as the 1st January deadline looms.
In relation to the main barriers for Irish companies preparing for Brexit, 75% of companies cited the uncertainty around the outcome of Brexit negotiations and 56 percent cited their focus on Covid-19.
Speaking this week, Manager of the Brexit Unit with Enterprise Ireland, Giles O’Neill said, "Our key message is that Brexit will become a reality on the 1st January next. That’s in less than 100 days. This survey is important in clarifying what the major issues are for businesses. We know that Covid-19 has had a major impact on all businesses. However, it is vital that businesses focus on what needs to be done now, to be ready. Sorting out your customs and logistics arrangements are clearly a top priority."