Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

As I said, we have a policy on enterprise that sets an ambition of expanding Ireland's exporting base by an additional 2,000 companies before the end of this decade. We have, as I stated earlier, extended the mandate of the LEOs. We are trying to get more companies to scale up. Basically, we are trying to build multinationals out of Ireland, as well as to bring multinationals to Ireland from abroad. That relies on healthy trade growth, entering new markets and more diversification in a post-Brexit environment, for example, to other parts of the EU and the world, in order that we will not be overly reliant on one market. This all means that we have to constantly rethink how we can support companies to export and help them to de-risk when they are expanding, growing and investing in their potential. Export credit insurance has to be part of that discussion. The last review we did of this, which was detailed, suggested that there was no market failure. However, that does not mean we should not have an open mind in the future, and we will.

See this speech in context