Mr. Brendan Butler:

Kerry Group and Glanbia are also enjoying extraordinary growth. Paddy Power, Ryanair and DCC are other examples of successful Irish multinationals. We need to look at these companies as our champions and if we are to connect the Presidency, Africa and trade, we need to get more indigenous companies to operate on that scale. Some of these companies started off as two or three person operations. American multinationals employ 100,000 people in Ireland, but 75,000 are employed by CRH alone, with 65,000 in the United States. We tend not to recognise or promote these companies as champions, but Irish companies are the tenth biggest investors into the United States. Whether we speak about the Presidency or IBEC, we are speaking about trade. We have champions, but we need more of them.