Oireachtas Joint and Select Committees
Wednesday, 14 November 2012
Joint Oireachtas Committee on Foreign Affairs and Trade
Trade Promotion: Discussion (Resumed) with IBEC and IEA
5:10 pm
Dr. Pat Ivory:
On exports, Ireland is still reaching record levels of exports, when one considers the actual value of our exports. I go back again to the growth in services exports that has been achieved and is likely to continue. This encompasses much of our software sector and also new emerging areas of services exports such as project management, consultancy and so on. We can get too focused on year to year figures whereas we should look at the longer trend. In addition, it is true to say we rely on growth elsewhere. We need a strong European economy and US economy. That is where working together to have an international agreement on EU-US trade could stimulate growth and create jobs in Ireland, Europe and the US. We need to stimulate world growth to get our exports going. Schengen is a political issue and I would not claim to have expertise in that regard.
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