Written answers
Wednesday, 29 September 2010
Department of Enterprise, Trade and Innovation
Economic Competitiveness
11:00 pm
Frank Feighan (Roscommon-South Leitrim, Fine Gael)
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Question 1729: To ask the Minister for Enterprise, Trade and Innovation if there are credit difficulties for Irish business trading with China because of our international credit standing; the assistance that will be made available in such cases; and if he will make a statement on the matter. [31696/10]
Batt O'Keeffe (Cork North West, Fianna Fail)
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Ireland's exports to China have expanded very significantly in recent years to the extent that we now have a trade surplus with that country. In addition, the number of Irish companies, which have established themselves in the country, has grown steadily. The Chinese market has been a strong performer in the Government's strategy to expand and diversify our exports. I have not been made aware of any significant problems encountered by Irish companies in relation to their obtaining credit for their exporting activities to China, because of Ireland's international credit standing.
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