Oireachtas Joint and Select Committees

Thursday, 21 November 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Live Exports: Discussion

12:20 pm

Mr. Paul Smyth:

First, ICOS has said it is unable to get insurance for its marts, so it is too expensive for ICOS. There could be a State-funded export insurance scheme. A report by KPMG in 2011, which I do not believe was published, stated it would cost €1.7 million, although I am open to correction on that. As an export nation, €1.7 million is not too high a figure if it would ensure exports into the future.

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