Eamon Gilmore (Dún Laoghaire, Labour)

I thank the Cathaoirleach for inviting me to the House for this discussion. I am delighted to have the opportunity to address Seanad Éireann on foreign affairs issues. I have a slight time constraint in that I must leave by approximately 5 p.m. If we have not completed the discussion by then, I will be more than happy to return to the Chamber for that purpose.

Economic recovery remains the top priority for this Government, and the State's place in Europe and the wider world is key to that recovery. Ireland is an open trading economy, exporting 80% of everything we produce and depending on inward investment from overseas to generate jobs. We rely on borrowing from international institutions and are heavily influenced by international market sentiment. It is essential, therefore, that Ireland's reputation abroad is restored and remains positive and strong.

My Department's diplomatic services and experience are called on again and again to promote Ireland's case with the European Union, other international bodies and with individual states. The role Ireland plays in European and international affairs is critical to the success of our dialogue with European and other partners. More than many other countries, Ireland depends on a strong international presence. Promoting Irish trade and our other economic interests abroad is a key contribution that I, as Minister for Foreign Affairs and Trade, and my Department can make to this objective.

The Export Trade Council, which I established, is driving the Government's activity in this area. In two weeks' time we will comprehensively review the progress made in the first year of the Government's trade, tourism and investment strategy. The council will also review how our local market teams in each of the priority markets have implemented their 2011 action plans and will consider the teams' plans for the coming year. The Government is placing a significant focus on China this year, with several reciprocal visits under preparation.

Trade missions are an invaluable tool for Irish companies seeking to consolidate and grow overseas business. Enterprise Ireland has a programme of missions in 2012 which I and my colleague, the Minister of State with responsibility for trade and development, Deputy Joe Costello, look forward to supporting. The unique platform offered by the annual St. Patrick's Day festivities will be effectively utilised to showcase Irish goods and services as well as the country's attractions as an investment location and tourist destination. A carefully targeted programme of ministerial visits overseas will shortly be announced.