My Department has responsibility for the implementation of measures in two areas under the Cross-Border Development Sub-Programme of the EU Support Programme for Peace and Reconciliation in Northern Ireland and the Border Counties. A provision of £1 million has been included for this purpose under subhead F.3 of the Foreign Affairs Vote in the 1996 Estimates.
Measure 1 is concerned with business and cultural links and is being administered on both sides of the Border by an intermediary funding body, Co-operation North, in association with the business representative organisations IBEC and the CBI (NI). My Department's role under this measure is primarily as a channel to Co-operation North of the EU and Government matching funds which will total approximately £7.3 million over the period of the programme. As of 30 September 1996, Co-operation North has issued letters of offer in respect of sixty (60) projects with a grant value of £1,013,288. These projects will involve total expenditure of £1,966,907. To date £182,700 has been provided from subhead F.3 in respect of these projects.