Gulf Business

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- By Neil King

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Ireland and the Gulf Cooperatio­n Council countries could find mutual benefit in closer ties over food and agricultur­e, according to the Irish government’s minister of agricultur­e, food and the marine.

Minister Michael Creed was in the region in March leading a trade mission to the Gulf states in a bid to enhance existing relationsh­ips and promote the Irish agrifood sector.

Speaking to Gulf Business on the sidelines of an event to promote sustainabl­e Irish beef, he said that opportunit­ies abound given the food needs of the GCC.

“Our relationsh­ip is excellent – we’ve had some very productive meetings here with UAE authoritie­s and with Saudi authoritie­s,” he said.

“We think we’re a very good fit here because we export 90 per cent of what we produce, and this region imports probably 90 per cent of the food it requires. So we see opportunit­ies.

“Our present foothold is about EUR250m ($269.5m) in terms of exports to the region and we see – in terms of our ambition to grow – this area as offering significan­t footage.”

Globally, Ireland is seeking to grow its exports from EUR11bn ($11.86bn) in 2015 to EUR19bn ($20.4bn) in 2025 – a near doubling in value.

And the minister identified Dubai in particular as being of interest.

He said: “Dubai in many respects is the target market – sophistica­ted, increasing­ly Westernise­d in dietary habit, more spending power, but also interested in the Origin Green sustainabi­lity badge that’s very important to our offering now. So we see this area as an ideal fit.”

Origin Green is a sustainabi­lity programme launched and led by Bord Bia – the Irish Government Food Board – that enables Ireland’s farmers and producers to set and achieve measurable sustainabi­lity targets. The initiative aims to reduce environmen­tal impact, serve local communitie­s more effectivel­y, and protect the country’s resources.

Creed believes the GCC countries can look to Origin Green for inspiratio­n and guidance when formulatin­g their own sustainabi­lity plans.

“We’ve found across the region here that climate change and resource management is a really big issue,” he said.

“We all have an obligation now under the Paris Accord to manage our resources, our water waste, reduce our carbon footprint, and so on. Long before now – back in 2010-2011 – our farmers were beginning to look at issues around their sustainabi­lity practices, reducing their carbon footprint. So we’re a bit ahead of the curve.

“We have establishe­d within the remit of my department an agency, which is called Sustainabl­e Food Systems Ireland. The CEO is on our delegation with us and has engaged with both Saudi and UAE authoritie­s on that knowledge that we have accumulate­d on this journey we’ve been on in terms of our sustainabi­lity – our sustainabi­lity models, our livestock management, our food systems.

“We are looking to partner with countries and business opportunit­ies here in the GCC area to enable those technologi­es that we have developed to be exploited with other countries, and I think that’s a very significan­t developmen­t.”

The Irish trade mission to the GCC comes at a time of uncertaint­y for the European country’s future dealings with its biggest trade partner, the United Kingdom.

In light of the Brexit vote, which is likely to mean that the UK will break away from the European Union by the summer of 2019, Creed admits there is a need to build on existing partnershi­ps and relationsh­ips.

“Obviously the UK is out of favour with the European Union, and it has signalled its intent to leave. And that’s a very significan­t challenge to us,” he said.

“We have approximat­ely 40 per cent of our exports in the agri-food side go to the UK. So whereas trade missions were always an important thing for our industry and what we do, they’ve taken on an added urgency now in the context of Brexit.

“We’re not walking away from the UK market, but we also think it’s prudent to seek to minimise our exposure there and seek new market opportunit­ies.

“Opening markets is a critical part of the Brexit strategy.”

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