Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

President Biden is bringing forward these proposals and they have elements within them which, as I have said before, are of concern to me because of the effects they could have for small and medium-sized economies. We will engage with President Biden's team and in the OECD process. That is the best option for Ireland as it looks to put forward its case and protect policy choices that really matter to us.

Our industrial strategy has been exceptionally successful in encouraging domestic and international investment in our country. I point to what has happened with Intel, Stripe and Workday in the past few weeks alone. These are investments that show that our strategy has worked. However, it is always the case that in order for a strategy to be successful, we have to keep it under continual review and that is what we do.