The Irish Exporters Association (IEA), the voice of the export industry in Ireland, has called on Irish exporting businesses to urgently upscale their no-deal Brexit contingency measures.
With the political rhetoric in the UK leadership race making a disorderly Brexit on 31 October more likely, the IEA say Irish businesses trading with or transiting though the UK must urgently re-implement their contingency plans.
The IEA is calling on all businesses to urgently fully re-evaluate their supply chains to ensure they can mitigate the impacts of any Brexit outcome.
Commenting on the developments, Chief Executive of the Irish Exporters Association, Simon McKeever said, "We are deeply concerned by the recent hardening of the political rhetoric in the UK leadership race on the possibility of a no-deal Brexit on 31 October 2019. A UK departure from the EU on WTO-terms would have a very detrimental impact on the Irish economy and Irish businesses’ global competitiveness."
He added, "We are concerned that, 3 months after the original Brexit deadline, only very few companies in the Irish trading community are fully prepared for all outcomes. The fact that around 50.000 Irish businesses, mainly SMEs, still have not applied for their EORI (Economic Operator Registration and Identification) number highlights that there continues to be deep gap in the number of businesses taking the minimum preparatory actions Brexit."