Saturday 15 December 2018

Amazon in talks with Irish officials over SME Brexit impact

Photo: AP
Photo: AP

Colm Kelpie

Amazon has met senior Government officials to discuss the possible impact of Brexit on small and medium-sized businesses selling cross-border.

Lesley Smith of Amazon UK's public policy section recently met officials from the Department of the Taoiseach to brief them on Irish businesses using Amazon to sell their produce.

Ms Smith met with Helen Blake, an assistant secretary at the Department, and fellow official Cathal O'Regan, according to a filing to the Lobbying Register.

They spoke about Brexit and the possible impact on cross-border transactions by Irish small businesses who sell on Amazon.

"We wanted to understand the Irish Government's concerns on the impact of Brexit on cross-border transactions by Irish small businesses and brief them on Irish businesses selling on Amazon," the filing on the register noted.

Ms Smith declined to comment further when contacted by the Irish Independent.

When asked about the outcome of the discussion, and how many Irish firms use Amazon UK to sell their produce, a spokeswoman for Amazon did not respond.

Meanwhile, insurer Travelers Europe announced yesterday that it will apply to the Central Bank for authorisation of a new, wholly owned insurance subsidiary incorporated in Ireland.

Based in Dublin, the company said the new subsidiary will enable Travelers to continue to "seamlessly serve its customers and broking partners in Ireland and across Europe when the UK exits the European Union".

"Ireland is a natural choice for Travelers to establish its EU-based subsidiary," said Matthew Wilson, chief executive of Travelers Europe.

"We have been present in the Irish general insurance market for more than 20 years," he added.

Irish Independent

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