CSO figures 'demonstrate need for action to support food exporters'

Food and Drink Industry Ireland (FDII), the IBEC group that represents the Irish food sector, today said that new CSO figures demonstrate the need for the urgent introduction of a state-backed export credit insurance scheme.

CSO external trade figures showed a 13.5% decline in food and drink exports for the first seven months of the year compared with the same period in 2008.