Dáil Éireann Debate, Tuesday - 5 November 2013
382. Deputy Jonathan O'Brien asked the Minister for Jobs, Enterprise and Innovation the funding provided to InterTradeIreland by his Department for the most recent five years for which data is available. [45692/13]
View answerInterTradeIreland is one of the six North/South Implementation Bodies established under the Belfast Agreement (the ‘Good Friday Agreement’) in 1998. Its statutory functions are set down in the British-Irish Agreement Act, 1999 and it has the following remit: "to exchange information and co-ordinate work on trade, business development and related matters in areas where the two administrations specifically agree it would be in their mutual interest". InterTradeIreland operates from a single base in Newry, Co. Down and is jointly funded in a 2:1 ratio, respectively, by the Department of Jobs, Enterprise and Innovation and the Department of Enterprise, Trade and Investment in Northern Ireland. The Body operating currency is sterling; however, my Department provides its funding contribution in euro. Currency exchange rate fluctuations can impact on final sums drawn down.
The budget outturns from my Department in respect of InterTradeIreland for the last five years are as follows:
|
Year |
2008 |
2009 |
2010 |
2011 |
2012 |
|
Outturn € |
6.536m |
8.100m |
7.848m |
6.638m |
8.164m |
