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Does Northern Ireland need the EU?

Monday, June 13, 2016 - 01:36

With high levels of EU trade and close links to the Republic of Ireland, warnings have been growing that Northern Ireland's economy could be seriously damaged by a Brexit. Reuters Jacob Greaves has been gauging the situation at an eel fishery that's reliant on EU exports.

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Is Britain about to plunge its economy into unknown waters? If it does with a vote to leave the EU, There's concern here, they're more exposed. In an average year this fishermens' cooperative exports around 400 tonnes of eels. 80 percent of those are destined for the Netherlands and Germany. (SOUNDBITE) (English) CHAIRMAN, PAT CLOSE, SAYING: "We ship all of our eels live each day five days a week and air freight is hugley expensive, if there were other tarrifs to be implimented they would effect our margins." The British government shares these concerns Claiming Northern Ireland sells far more of its food and drink to the EU than the UK average And that it stands to lose more if trade with the Republic of Ireland is hit by EU tarrifs, after a single market exit. (SOUNDBITE) (English) NORTHERN IRELAND, REGIONAL CO-ORDINATOR, LEE REYNOLDS, SAYING: "People will talk a lot about farmers, but they don't like so much talking about fishermen, the regaining of controls over our waters, the ensuring we get better share of the quotas would be a real positive boost to the fishing industry." Marine fisheries across the UK have largely echoed that sentiment. But back in-land, theres concern about livelihoods. Uncertainty for industries which are already struggling. (SOUNDBITE) (English) EEL FISHERY WORKER: "A lot of people are depending on this local economy and its getting harder every year." Northern Ireland is both on the Fringes of the UK and frontier of the EU. Leading to warnings it could be first and worst hit by any changes looming on the horizon

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Does Northern Ireland need the EU?

Monday, June 13, 2016 - 01:36