STATE AID ANNOUNCEMENT WILL NOT COVER BEEF LOSSES IN NO-DEAL BREXIT SCENARIO SAYS ICSA

22 FEBRUARY 2019

ICSA president Patrick Kent has said that the announcement on increased state aid limits does not reflect the absolute devastation that would result from a hard Brexit on the beef sector. “Increasing the three year state aid limit from €15,000 to €25,000 would barely cover the losses already incurred by a sector where beef price is down up to €200 per head on certain categories of cattle such as bull beef.”

“However, if there is a no-deal Brexit and the UK applies full WTO tariffs to beef imports, then the state aid announcement will not even remotely cover beef losses. In that case the Irish Government will have to demand a comprehensive EU package to add to extra state aid.”

“ICSA met senior EU officials in Brussels earlier this week and we made the case very strongly that Brexit is Europe’s problem. Talking about solidarity between the EU-27 is fine but meaningless unless it is backed up by extra funds. Irish beef farmers did not cause Brexit and they cannot be expected to carry the can. While Ireland is committed to the EU, such commitment must be reciprocated to protect Irish farmers.”

ENDS