Seanad debates

Thursday, 6 November 2003

European Communities (Amendment) Bill 2003: Second Stage.

 

At present, only between 3% and 4% of what this country produces is exported to the candidate countries. The potential for two way trade and, as a result, improved employment prospects is significant. Irish trade with these countries has already grown six fold since 1993. Irish exports to these countries are worth over €1 billion and imports over €600 million, with the trade balance in our favour. It is clear there is great potential for trade as these countries import 40% more than they export. Exports from the EU to the candidate countries in recent years have increased five times more than vice versa.

Comments

No comments

Log in or join to post a public comment.