Guidelines to making your racing and breeding business Brexit-ready
Brexit could have serious consequences for the Irish racing and breeding industry, a situation that would be compounded in a ‘No Deal’ scenario – that is, should no form of association or treaty be agreed between the EU and the UK.
Brexit was scheduled to take place at 11pm on March 29, 2019. However, following negotiations with the EU, this date has been extended to October 31.
There are still number of possible scenarios including 1)
the UK leaving the EU on October 31 with no deal; 2) continued renegotiation on the Withdrawal Agreement (most likely through an
extension of Article 50); or 3) a second referendum.
Full trade talks can only begin following Brexit (such talks
are not permitted under EU law while the UK is still a member state) and would
then be facilitated by a transition period that will run until December 31,
2020, though there is provision under the draft treaty for this to be extended
up to December 31, 2022.
This section of our website provides information dealing
with a ‘No Deal’ Brexit to those stakeholders engaged in racing, breeding or
selling horses in the UK, our biggest export market.
To read DAFM's no deal advisory for the movement of animals, click here
Brexit preparedness checklist for Businesses moving animals, click here