Britain’s decision to leave the European Union will have huge ramifications for Ireland politically, socially and economically.

No return to a 'hard border'

Both Taoiseach Enda Kenny and British Prime Minister Theresa May have said that there will be no return to the borders of the past between Northern Ireland and the Republic following Brexit.

Despite this, there has been concern that customs, commuters and trade will be affected by Brexit.

Mrs May has reaffirmed her commitment to the Good Friday Agreement, and said both the Irish and the British governments want a "seamless, frictionless border" to continue to see trade and the continuation of the Common Travel Area.

Commuters have become used to a seamless border, but now those who depend on the train service are concerned that Brexit will have a negative impact on them.

When the Brexit process is complete, Northern Ireland will no longer be subject to EU food production regulations. This leaves farmers whose land is divided by the border facing a bewildering future.

Ireland’s businesses affected by Brexit

The Department of Finance has said that a hard Brexit could result in a 30% drop in exports to the UK and add €20bn to the national debt over the next decade.

Department officials have also said that the impact on the Irish economy could lead to up to 40,000 job losses.

The sharp fall in Sterling since the Brexit vote is a major issue for Irish companies exporting to the UK, as the pound has fallen 15% against the euro since last June. Uncertainty over Ireland's future trading relationship with the British market is also a concern. 

Brexit Bites - How Irish businesses are navigating currency volatility and uncertainty

Many businesses are concerned about the potential impact of tariffs on trade and lengthy border stops after Brexit is complete.