Thursday 29 September 2016

Ireland beefs up trading links with non-European nations

Published 21/07/2016 | 02:30

Foreign Minister Charlie Flanagan TD Picture: Gerry Mooney
Foreign Minister Charlie Flanagan TD Picture: Gerry Mooney

The Department of Foreign Affairs & Trade has created new commercial attaché posts in a number of non-European locations in a bid to boost and diversify Ireland's trading partnerships.

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Foreign Affairs Minister Charlie Flanagan announced the move after a special meeting of the Export Trade Council yesterday. The posts will be in Argentina, Brazil, Mexico, Indonesia as well as in Romania.

Mr Flanagan said the move was taken to enhance market diversification and access for companies as part of the Department's new economic diplomacy strategy.

The Minister convened a special Brexit-themed meeting yesterday of the Export Trade Council, which is made up of senior ministers with an economic focus, the heads of the State agencies involved in promoting trade, tourism, investment and education abroad with the support of the Embassy network.

"In previous discussions at the Council, we identified market diversification as key mitigating factors in regard to risks to our economy," the Minister said.

"That indeed was reaffirmed at our discussions [yesterday], with particular reference to Brexit.

"In line with the intensification of this government policy, I have recently created new commercial attaché posts in Argentina, Brazil, Mexico, Indonesia and Romania, to enhance market access for Irish companies as part of my Department's new economic diplomacy strategy."

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