Brendan Smith (Cavan-Monaghan, Fianna Fail) | Oireachtas source

I thank the Tánaiste for his reply. I hope resolution of the nuclear issue can be advanced in the context of the Vienna talks. I am sure the new Iranian ambassador to this country has spoken to all political parties. He is very anxious that we move on and give added impetus to the diplomatic and the trade relations between both countries. I understand the Ceann Comhairle has an invitation to visit that country when he has an opportunity to do so.

The EU was Iran's main trading partner before sanctions were introduced in 2012. At that time, trade between the EU and Iran was €28 billion on an annual basis but it is now down to €6 billion. However, trade between Iran and China has risen to €40 billion on an annual basis and it is expected that within a short period of time, it will increase to €100 billion. There are obvious trade opportunities for all of us to try to maximise. It is important from the point of view of the Tánaiste's Department - the Department of Foreign Affairs and Trade - that we have the best possible diplomatic presence in the Middle East to assist many Irish companies which are doing business there and which want to increase their foot print there.

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