Food sector welcomes Brexit Adjustment Reserve funding

Food Drink Ireland, the Ibec group representing the food and drink sector, has welcomed the Brexit Adjustment Reserve allocation of €500 million for 2022 and a similar amount for 2023 in Budget 2022.
 
Paul Kelly, FDI Director said “As the sector most affected by Brexit, funding must be made available quickly to support food and drink companies to address the additional costs of trading with Great Britain as well as investments in innovation and market diversification”.
 
Mr. Kelly also welcomed the €4million allocation to establish the National Food Ombudsman and said the objective must now be effective and efficient enforcement of unfair trading practices legislation.