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Most of the problems the Special Select Committee has been considering in previous hearings as resulting from Brexit would be avoided if Ireland left the European Union at or around the same time as the UK, for five principal reasons:-

(i) Leaving the EU would save the State money, as we are now net contributors to the EU Budget rather than net recipients from it;

(ii) It would give us back control of our valuable sea fisheries, the annual value of catches by foreign boats in these being a several-times multiple of the money we have got from the EU over the years;

(iii) It would give us back control of our law-making, free us from the rulings and sanctions of the EU Court of Justice, and therefore restore our State sovereignty and national democracy;

(iv) It would give us back a national currency – one of the two pillars of any independent State – and with it the capacity to run the independent exchange rate policy that is vital for our economic competitiveness, especially in the context of Brexit; and

(v) above all, leaving the EU along with the UK is the only way to save the Irish Government and the parties that support its policy from the guilt before future generations of implementing in our time a new Partition of Ireland.

https://data.oireachtas.ie/ie/oireachtas/committee/dail/32/seanad_special_committee_on_the_withdrawal_of_the_united_kingdom_from_the_european_union/submissions/2017/2017-06-01_opening-statement-dr-anthony-coughlan_en.pdf

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