I propose to take Questions Nos. 2 and 32 together.
Last week for the first time, I had the opportunity to meet with Baroness Denton, the Minister for the Economy in Northern Ireland, when she paid a courtesy call to my office. We agreed that the international perception of the island of Ireland as a place to visit and to invest has been considerably enhanced as a result of the cessation of violence in recent months. When allied to the favourable economic situation which now exists in many of our important tourism markets, the economic prospects for people throughout the island are at their brightest for a generation.
Our meeting provided a welcome opportunity to review the developments of recent months and to look ahead to the coming year, which we agreed was full of hope and opportunity. Specifically, both of us expressed our belief that it was possible for the tourism industry, North and South, to greatly increase its revenue within a short period.
One of the measures already introduced to help generate this new business is the £6.3 million overseas tourism marketing initiative, which represents an entirely additional promotional effort to increase consumer awareness of Ireland. It is a private sector led consumer marketing campaign, which will promote the island of Ireland as a single destination in our four most important markets, namely the US, Britain, Germany and France. For the first time, the tourism industry on both sides of the Border, together with Bord Fáilte and the Northern Ireland Tourist Board, are participating in the initiative and are selling the island of Ireland as an attractive holiday location. The initiative consists primarily of generic "Visit Ireland" advertising on television and in newspapers and magazines. Inquirers in each market will receive a joint brochure featuring the participating companies and organisations, together with the Bord Fáilte and Northern Ireland Tourist Board literature. This common approach to marketing Ireland, North and South, is very welcome, and I have no doubt that this initiative, coupled with the existing promotional work being undertaken by the two tourist boards, will deliver tourism business to the whole island in 1995.
I am also hopeful that it will be possible in the coming months to announce details of other initiatives which will be aimed at increasing tourism business to the island of Ireland and to the 12 Northern counties in particular. Officials of my Department and their Northern Ireland counterparts are meeting this week to explore these very possibilities, with a view to designing a mutually-agreed and practical menu of further initiatives which can be undertaken in the future.
President Clinton's US Conference on Trade and Investment in Ireland which will be held in Washington during May next will also be helpful in this context. Exchanges, so far, with the US side have confirmed that tourism in one area which should have a significant presence at the conference, given its clear economic benefits for all parties and for the island as a whole. My officials propose to work closely with their Northern Ireland colleagues in this regard.
Baroness Denton and I have also agreed to meet regularly in the future. We both acknowledge the potential which tourism can make to economic regeneration, job creation and reconciliation between the two parts of the island. The House can be assured that advancing the tourism potential of the island of Ireland will be a very important personal priority during my term as Minister.