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World Economic Forum

Dáil Éireann Debate, Tuesday - 4 February 2014

Tuesday, 4 February 2014

Ceisteanna (141)

Gerry Adams

Ceist:

141. Deputy Gerry Adams asked the Taoiseach if he will report on his recent visit to the World Economic Forum in Davos; and if he will make a statement on the matter. [5044/14]

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Freagraí scríofa

I attended the annual meeting of the World Economic Forum, (WEF), from 22 to 24 January. The Minister for Finance, Deputy Michael Noonan also attended the Forum. The theme of this year's meeting was “The reshaping of the World; consequences for society, politics and business”.

In a busy schedule of meetings, panel discussions and workshops, my main focus was on the continued promotion of Ireland as a top class destination for international business and investment. I participated in a number of formal events on the WEF programme including a Plenary Session on European competitiveness. I also participated in a high-level discussion group on the prevailing global themes for 2014, which included the political situation in the Middle East, global financial issues and climate change.

During my time in Davos I had several bilateral meetings. I along with Minister Noonan, met US Treasury Secretary, Jacob Lew. I briefed Secretary Lew on recent positive economic developments in Ireland and related issues. We also discussed the current economic situation in the US. I met individually with leaders of several major multinational firms from a variety of fields, principally in the high-tech and financial services areas. I emphasised Ireland’s pro-business and world-class R&D environment as well as our young and well educated flexible workforce. On Thursday evening, 23 January, I attended an IDA event for senior executives of major international companies, to promote Ireland as a key location for international business, investment and expansion.

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