Tallest building in both United Kingdom and European Union
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Tallest building in both United Kingdom and European Union - Video
A new survey reveals that 100% of business leaders surveyed in Ireland believe that the UK should stay in the European Union, while 100% also believe that there would be a negative effect if the UK left the EU.
Overall, 86% of business leaders in Europe think the UK should stay in the European Union, with 11% saying the UK should leave.
The survey, conducted by the European Business Awards sponsored by RSM, involved business leaders from 32 countries in Europe.
It found that 84% of European business leaders believe their country's membership of the European Union has a positive impact on their business, while 83% of them believe it has a positive impact on their country.
The main reasons given in support of the EU were the economic advantages brought by membership, the competitive position a united Europe has against China, Russia and the US, and the importance of integration, stability and unity in the current climate.
"This survey demonstrates the importance Irish business leaders put on the UK remaining part of the EU with 100% of them agreeing they think the UK should stay in the EU. As the UKs closest neighbour in Europe it reinforces the strong bilateral relationship that exists between the UK and Ireland," commented Aidan Scollard, Partner at RSM Farrell Grant Sparks.
Adrian Tripp, CEO of The European Business Awards, said the survey results show that for the European business community the case for the EU is clear; with the benefits far outweighing the costs.
"From a business perspective, people see the value in the commercial opportunities; from a wider perspective, stability and integration are key," he said.
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Business leaders want UK to stay in European Union
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A visiting delegation from the European Union met with the Cambodia Rice Federation yesterday to discuss concerns raised by Italian rice producers, who say duty-free Cambodian rice imports are undercutting the Italian market.
Sok Puthyvuth, president of the Cambodia Rice Federation, said yesterday that the purpose of the meeting was for the delegation to have a greater understanding of Cambodias rice industry, to better inform their discussions with Italian producers.
We clarified that Cambodian rice exports to Europe are largely only fragrant rice, so it does not affect the [Italian] farmers, he said, Puthyvuth said that Italian rice farmers produce largely a white rice variety that did not compete with Cambodias fragrant rice.
The European delegation appears to understand our actual situation, and they should continue to support us on trade facilitation for further growth, he said.
In the past, Italy has petitioned the EU to remove Cambodian rice from the Everything But Arms scheme, which grants duty-free access to the EU, citing increasing competition from the Kingdom.
The Italians said an increased rice import quota from Cambodia had contributed to Italian prices dipping below their production costs.
Leaked excerpts from a dossier from the Italian rice industry claimed that the special status granted to Cambodia had triggered a 22 per cent decline in annual rice plantings in Italy. An Italian collective of rice farmers conducted protests last year in the countrys largest rice-growing regions.
According to the rice industry website Oryza, the Italians had requested the EU to include a new clause that would end the EUs zero-tariff rice imports from Cambodia.
According to a release yesterday from the CRF, Cambodia is now the second largest rice exporter to countries in the EU.
Cambodia shipped close to 400,000 tonnes of rice last year, and thanks largely to the EBA, 66 per cent went to the EU.