'No alternative to EU' - Mitchell O'Connor
A government minister has warned business leaders in the UK about the dangers of Brexit, saying there is no better arrangement than the EU's single market.
Jobs Minister Mary Mitchell O'Connor told an audience of business leaders in Leeds that Ireland was closely observing the Brexit referendum. "We are convinced that no alternative arrangement will be better than the one we have - a single market and seamless flows of goods, services, capital and people. This trade sustains approximately 200,000 jobs on each side of the Irish Sea," she said.
Ms Mitchell O'Connor said the UK was Ireland's single largest export market and had about €1.2bn in trade every week, which "illustrates the importance of the two-way trading relationship".
However, speaking at the Leeds Irish Centre, she said the Government would "fully respect" the UK voters' decision.