I thank Deputy Farrell. The annual Bilderberg conference is a forum to foster dialogue between Europe and North America on major issues facing the world, with attendees from industry, finance, government, academia and the media. The meeting was first held in 1954 and has been regularly attended by Irish Government Ministers on many occasions in recent years.
I was invited and attended this year’s event, held in April 2026, in my capacity as Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation. This year’s meeting was held in Washington DC and the agenda included a variety of topics such as AI, Arctic security, digital finance, energy diversification, Europe, global trade and the Middle East. While in Washington I also met the US Chamber of Commerce. Both engagements and events provide an important opportunity to engage with the international political and business community on Ireland’s foreign direct investment potential. IDA Ireland reported that in 2025 a record 323 investments, which was a 38% increase over 2024, were achieved and this is expected to create over 15,300 new jobs. Total employment in IDA-supported firms reached a new high of over 312,400 people last year. This underscores the economic value of FDI and engagement with the international community.
There is additional information about the event on the official Bilderberg website, which includes information on the organisation’s history, governance, steering committee, meetings, agendas, attendees and press releases.