Ireland has no influence on global events and must use other means to attract investment, IDA warns

The briefing for IDA chief executive Michael Lohan said: 'The global race to protect existing industries and secure a foothold in future growth drivers has seen trade and investment policy become more deeply intertwined with geopolitics, sustainability, and innovation.' Picture: Dan Linehan

Ireland must work ever harder to win foreign investment in a fractured global economy where it has little ability to influence major events, an internal IDA briefing said.

The briefing for IDA chief executive Michael Lohan warned Ireland was a small country and “not even a middle power”, with limited ability to shape global trade or investment.