Pa Daly (Kerry, Sinn Fein)
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42. To ask the Minister for Enterprise, Trade and Employment his views on the reopening of a trade office in Taipei. [1233/21]

Leo Varadkar (Dublin West, Fine Gael)
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Enterprise Ireland is the Government agency responsible for the development and growth of Irish enterprises in world markets. Marketplace services for Irish companies targeting Taiwan are provided through Enterprise Ireland's office in Hong Kong and locally in Taipei via a consultancy arrangement, which is managed by the agency's Hong Kong office.

IDA Ireland, the agency responsible for attracting foreign direct investment (FDI) to Ireland, actively manages the Taiwanese market from its Singapore office as an integral element of its market development plan for the Association of South East Asian Nations (ASEAN) and Taiwan.  In response to continuing trends identifying Singapore as the primary source of outbound FDI destined for Europe, IDA Ireland considers it prudent to maintain its market presence in Singapore. In this context, IDA Ireland does not have any immediate plans to reopen an office in Taipei and will continue to service the Taiwanese market from its Singapore office.