AQW 8106/17-22 Written question to the Minister of Finance

To ask the Minister of Finance to detail his current position concerning the designation of Foyle Port as a Free Port.

Asked by Andrew Muir MLA on 2 October 2020

  • Answered
  • Written
Tabled
2 October 2020
Answer due by
19 October 2020
Answered
19 October 202017 days after tabling
Department
Department of Finance
Priority question
No

Answer

Policy on Freeports is being developed by the Treasury and I wrote to the Chief Secretary to the Treasury in August to call for substantive engagement on this so that the Executive can assess their potential.

While my department, in conjunction with relevant Executive departments, has been engaging with the Treasury, limited detail has been shared at this point. My officials continue to press for that to understand fully the implications for our economy and any potential role the Executive might have in creating Freeports locally.

Official sources