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In light of Brexit, is there an opportunity for more trade with China?

Trade and Trade Alike

As Brexit conversations continue to get increasingly unclear and Ireland’s standing remains uncertain it is important that focus shift onto Ireland’s business and trade strengths rather than solely where we may have difficulties following Brexit, particularly in the event of a ‘Hard Brexit’. In the past, year we have spoken about Irish optimism ahead of Brexit and the ways in which Irish businesses could ensure their continued strength and prosperity going forward onto uncertain terrain.

As China’s leader Xi Jinping continues his European Tour, one might expect that Ireland would not crop up in conversation or be worth much note at this time. It may seem like an odd comparison to discuss Irish trade and business in relation to Italy and China, with our small island seeming to pale in comparison to such trade giants and global superpowers, but you may be surprised to learn that Ireland in fact currently supplies more food to China than Italy, proving again the vitality and strength of our independent trade.

Whilst Italy has recently slipped into somewhat of a recession, and Ireland continues to grow following our own economic crisis, we are on more even footing than we may even realise. Discussions within this European Tour will hope to encourage more openly reciprocated trade routes between the European Union and China, into which Ireland is certain to factor. The attempt to create something of a modern day ‘silk road’ has been met with equal parts scepticism and fear as Italy sign on.

It seems that European leaders are now intent on creating a new bond with global giants such as China, and on securing the global status of the EU especially as talks continue for Brexit. The EU’s labelling of China as a “systemic rival” was met with displeasure as the EU begin to clamp down on any issues or threats, following the messy divorce that Brexit continues to be. It has been stated that the EU will no longer naively go along with any deals that do not benefit the greater good of the EU and will no longer allow access to the EU market when access is not reciprocated. This could open trade routes going forward and ensure the continued power of the EU globally.

Whilst Brexit continues to drag on and loom large, and we do not have a crystal ball into the future, it is good to know that Ireland is safe in the hands of its big sibling, the European Union.

As always here at EcovisDCA we are happy to reciprocate and welcome any questions or concerns you may have that we can assist with, we are grateful for your continued support and friendship.

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DCA PARTNERSDECLAN DOLAN & EAMONN GARVEY

DCA Q&A – DAMAGED GOODS

Q: I run a small business selling goods online. I recently bought some stock from a supplier in Germany and paid by electronic transfer. When it was delivered, it was clear that the goods were damaged, either before or during shipping. I’ve since tried to get the problem sorted out, but they’re clearly dodging both phonecalls and emails. Unfortunately, I paid up-front for the goods by bank transfer, so I’m not able to cancel payment. Is there anything I can do to get redress, or should I just chalk it up as an expensive lesson?

 

A: By all means take this episode as a lesson not to pay in full for products up-front from a supplier you don’t trust. However, the matter doesn’t have to be left there. The European Small Claims procedure has been set up to let consumers and small businesses recover up to €2,000. The procedure is enforceable in any EU country and, while it’s not as straightforward as some people would like, it only costs €25.

 

There are two procedures: a European Order for Payment (EPO), which covers uncontested cross-border monetary claims, and small claims procedure, both of which use standard forms. In this instance, it appears that the small claims procedure is the most appropriate avenue.

 

To get the ball rolling, you should download and fill in the Form A, which you will find here. Give as much detail as possible – just as in a domestic case of this nature, photographic evidence of the damaged goods delivered should be provided – and send it in to the Registrar in your local District Court office.

 

If you do not provide enough information, or your claim is outside the scope of the procedure, the Registrar will send you a form asking for the missing information. If your claim is not withdrawn or rejected, the Registrar will proceed with it, notifying the other firm and requesting that they complete a standard answer form within 30 days.

 

From here, things can go a number of ways. The defendant can issue a counterclaim (which would be unlikely in your case) or contest the claim – in that instance, the Registrar will attempt to negotiate a solution between you and the defendant. If this fails, the claim will be referred to the District Court for judgement. The court will either judge on the matter within 30 days, request further information, or -if either party requests it – hold an oral hearing. This can be done by video conference, and the court will give its judgement within 30 days of getting the information or holding the oral hearing.

 

From there, you’re seeking enforcement of any court order under French law. In reality, though, it’s highly unlikely that the matter will proceed this far if the matter is as clear as you say. Even threatening the small claims procedure may be enough to get this supplier responding, so our advice would be to write and give them 14 days notice before you send in the forms.

 

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