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Brexit Is 'Significant Challenge' For Irish Agri-Food Industry: Bord Bia

Published on Jun 24 2016 5:12 PM

Brexit Is 'Significant Challenge' For Irish Agri-Food Industry: Bord Bia

Bord Bia has said that the UK’s vote to leave the EU represents a significant challenge for Ireland’s agri-food industry.

Commenting on the ‘Brexit’ referendum results this morning, Chief Executive Aidan Cotter pledged that Bord Bia would continue to work with the industry to maintain and build on the trading relationship between Ireland and the UK.

"The UK is a net importer of food and Ireland as an exporter is considered a perfect match," he said.

"The immediate focus of food and drink exporters concerns the development in the sterling versus euro relationship and how to manage the increased volatility that has emerged following the vote.

"The resilience of the Irish food sector, the longstanding and strong trading relationship between Ireland and the UK, and the close ties between both countries will help the Irish food industry navigate through these uncertain times."

He concluded in saying that Bord Bia’s London office is working closely with Ireland’s leading customers across the UK, and that it would work closely with industry and with the Department of Agriculture, Food and the Marine as negotiations commence.

© 2016 - Checkout Magazine by Jenny Whelan

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