EMS Membership and Capital Transfers
The Minister said his Department was consulted on EMS negotiations and was identifying projects for any additional capital-transfer resources; the work was quite detailed and included IDA and SFADCo developments and the advance factory programme. He confirmed a study of the likely employment impact was available, but directed questions on its completion and timing to the Taoiseach or Minister for Finance.
asked the Minister for Industry, Commerce and Energy if his Department are concerned in the negotiations relating to EMS membership, in so far as these are influenced by an agreement on a sufficient capital resource transfer; and if any preparatory work is proceeding on the internal uses of such a resources transfer if agreement is reached.
Comment on this
Discussions at Community level have been conducted by the Departments of Finance and Economic Planning and Development but of course my Department have been consulted. Work on the identification of projects suitable for financing from any additional resources made available is proceeding.
Comment on this
Could the Minister say whether there is available to his Department any study of the likely impact on employment of membership of the EMS in the event of Britain's non-involvement? Is there any contingency study available to him?
Comment on this
Of course I can do that but it will be some time before we have a chance to talk to the Minister's Department again. Surely the Minister can say if there has been some study done of the possible impact on employment?
Comment on this
That is not relevant. The Deputy's question relates to the EMS but not to the subject matter of the question on the Order Paper.
Comment on this
I am asking the Minister of State if in the event of our joining the EMS and Britain not joining there is likely to be any impact on employment here and if there is any study being made of this?
Comment on this
Is there a study available to the Minister setting out the likely impact of our involvement on employment?
Comment on this
Yes, and the identification of projects for financing from any additional resources made available is proceeding.
Comment on this
This all depends on the type of questions arising on the Order of Business in the last number of days.
Comment on this
Would the Minister agree a decision is likely to be taken in the near future and this information must be available to the Taoiseach and the Minister for Finance and when does he thing the work will be finalised?
Comment on this
I suggest the Deputy addresses that question to the Taoiseach or the Minister for Finance.
Comment on this
But they are not here. The Minister for Finance is absent. Could the Minister of State say whether the investment of these capital transfer resources will be in those industries most likely to be affected by the EMS?
Comment on this
Generally at this stage in respect of IDA and SFADCo type developments and extensions of the advance factory programme and so on.
Comment on this
Has the Minister any idea at which industries investment of capital transfer resources is aimed?