Richard Bruton (Dublin North Central, Fine Gael)

Those two questions are somewhat unrelated. There is also a new sectoral emphasis and a recognition that opportunities - particularly in the emerging markets - exist around specific sectors. For example, the education sector presents an important opportunity and consequently the Minister for Education and Skills, Deputy Ruairí Quinn, will be leading trade missions. The reference to sector-specific is to recognise that we cannot do everything in these markets and so we need to target specific areas.

As regards the FDI target for 2015 from emerging markets, so far there has not been a substantial flow from that source. The IDA is obviously making a long-term commitment there. We must set down roots and can expect to develop them over time.

The "Succeed in Ireland" initiative which will be launched next month is about using Irish people abroad as ambassadors in support of the IDA's role. It is a way of extending our reach. With limited resources, we are trying to do something more innovative to spread the impact. While I do not know for certain, I suspect that the target of 20% of FDI by 2015 is not realistic, based on the experience to date. We are committed to a long-term strategy to support trade and investment with China. We got off on a really good footing with the recent memorandum of understanding both on trade and services, and investment. It does open a door but I am not pretending that we will suddenly transform the situation. It is nonetheless an important growth market and we now have some momentum and an opportunity to get behind the Taoiseach's trade mission.

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