Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I apologise to our guests for my absence from the earlier part of the meeting. Unfortunately, I was trying to fly two kites at the same time.

I wish to raise the issue of trade with China and the potential for growth. I realise there has been discussion on this already, but can our visitors give us some indication as to areas of opportunity. We are aware the food industry, IT and financial services provide opportunities for growth for this country. What other examples are there? With the current situation regarding the value of the euro vis-à-visother currencies, is this not a good time to establish markets in a way that will be sustainable? We do not expect the euro will remain in the same position indefinitely and expect it will fluctuate somewhat. To what extent can provision be made for changes in the market value of the currency at a given time? What impact are changes likely to have in China and in south east Asia in general?

About 15 or 20 years ago a businessman said to me that the entire global investment would divert into south east Asia in the future. Much of it did, but not all of it. What advantages do we have when competing for investment with places like south east Asia? Our education system has already been mentioned in this regard. I am aware various universities have had an association with their counterparts in China over the years. I live in Maynooth and Maynooth university has had such a liaison in the past. To what extent can this area be developed further, with consequential benefits for both China and this country?

My final question relates to tourism. China has a huge population and is hugely important in terms of tourism. Is there a particular market we should target in China with a view to expanding tourism facilities here to meet the requirements of that market?

What do they go for, most importantly? The Chinese have done a fair bit in promoting their own heritage and archaeology is one avenue in this respect. We do not do enough in this country in that area despite having a rich culture. We could do much more. It is important to identify the countries and regions with similar interests. I remember visiting the rock of Masada a long time ago and that was most interesting. A great deal of work has been done there without disturbing the site in order to make it attractive to visitors, including those from colleges, schools and tourists from other countries.