April 13, 2022
New government trade policy must be matched with plan for non-export focused SMEs – Louise O’Reilly TD

Sinn Féin spokesperson on Enterprise, Trade and Employment, Louise O’Reilly TD, has said that the government’s new trade policy must be matched by a plan for non-exporting small and medium enterprises to holistically benefit the economy.

Teachta O’Reilly said:

“The government’s new ‘Trade and Investment Strategy 2022-2026 – Value for Ireland, Values for the World’ has a number of commendable aims. But in many places, it is either short-sighted or lacking in detail.

“While the document outlines several plans and aims, it does not place sufficient emphasis on the opportunity that exists for the state to seize opportunities within the single market that have been created by Britain leaving both the European Union and the single market.

“There are a number of opportunities for Irish companies to fill trade voids that have materialised in the European economy due to the post-Brexit situation.

“However, with the right plan and support, many Irish SMEs and microbusinesses could grow their trade and export capacity by filling these trade voids. 

“This should have formed part of section seven of the policy dedicated to how the State can reap the benefits of the EU single market.

“There is no doubt that Ireland’s position as a small open economy means that it is essential for our economy that Irish enterprise fully avails of opportunities on global markets, but this does not mean that non-export focused businesses can be ignored by government.

“For non-FDI, and non-exporting companies, there is a distinct and historic lack of state support. These entrepreneurs, business owners and workers feel like they have been left behind.

“Therefore, in conjunction with a global trade policy, the establishment of a new Irish Enterprise Agency focused on scaling existing Irish businesses and providing a strong agency for non-export focused start-ups and established businesses on our main streets would significantly benefit workers and the economy.

“Finally, I would implore the government, and the Tánaiste, to familiarise themselves with the human rights aims of their new trade policy before representatives head up trade missions to states with gross human rights violations to their name.”

Follow us online

Latest Tweets

Transparency & accountability crucial to restore confidence at University of Limerick – @QuinlivanTD

Teachta Quinlivan's comments come following reports the Garda Economic Crime Bureau is examining issues relating to a controversial housing deal at UL.

It is essential that a State apology is now made to the families of the Stardust tragedy.

@MaryLouMcDonald has said that the apology must address the failures of governments, not just 43 years ago in the aftermath of this tragedy, but every day since then.


Following a meeting with the families of the Stardust tragedy this morning, @MaryLouMcDonald has said that "a full state apology to the families must be made now, and it must address the systematic failure over 43 years".

MORE: https://vote.sinnfein.ie/a-full-state-apology-to-stardust-families-must-address-systematic-failure-over-43-years-mary-lou-mcdonald/

ICOB in danger of being becoming another failed government business support scheme – @loreillysf

“It's essential that the May 1st deadline for registrations is extended, and that government & local authorities engage with SME's to encourage take-up."

Load More