Oireachtas Joint and Select Committees

Tuesday, 16 October 2012

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Ireland-US Economic Relations: Discussion with American Chamber of Commerce Ireland

3:05 pm

Mr. Brian Cotter:

I have not analysed that $2 billion but in terms of exports to the US, one must look at the mix of products and also look at the figures over time to determine whether there are seasonal factors at play or a more fundamental change in the supply chain. We must also determine whether Irish companies are doing more business through their subsidiaries in the United States. I cannot answer the Deputy's question directly as to whether there has been a fundamental change. However, one thing that is clear is that the sector is quite active in terms of employment and business opportunities, which is healthy and very important for the wider economy.

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