Ireland should give “serious consideration” to following Britain out of the EU, a right-leaning UK think tank said.
The Republic could opt to remain with the UK in a customs and free-trade area, while negotiating as favourable as possible trade and investment terms with the remaining 26 member states, Policy Exchange added.
Former taoiseach Enda Kenny firmly rejected any suggestion of leaving the EU, saying membership was the foundation of the country’s prosperity and the bedrock of its modern society.
However, a report by the influential British research organisation said: “In the circumstances, Ireland must give serious consideration to other options, including Irexit.”
The document was drawn up by former Irish diplomat and commentator Ray Bassett. It said Ireland faced a huge choice.
“Whatever the outcome of the Brexit negotiations, there will be a price to pay. For Ireland, there is really no upside to Brexit,” it said.
“The question to be raised is what price is Ireland willing to pay to stand in solidarity with the remaining 26 EU countries?
“If the Irish Government is willing to pay that price, will the Dáil, and possibly the population in a referendum, be equally willing to do so?”
The report also said:
“Simply sitting on the sidelines and allowing the EU to negotiate for Ireland is essentially untenable,” said the report.
“The first duty of the EU negotiators is to act on behalf of the EU as an institution. This is prioritised in their guidelines, approved by the European Council.
“The type of deal that Ireland’s interests requires, however, including free trade with the UK, is directly in contradiction with the Union negotiators’ mandate that anything relating to Ireland and her border which emerges from the Brexit negotiations, must ‘maintain the integrity the Union’s legal order’, i.e., no exceptions to the customs union.”
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