Industry & Business

Trade

UK Brexit paper welcome, but major challenges remain – Ibec

    UK Brexit paper welcome, but major challenges remain – Ibec

Ibec has welcomed the aim of the UK government to avoid customs checks on the island of Ireland and develop streamlined or new customs arrangements with the EU in two new Brexit position papers. However, the group cautioned that a UK departure from the EU customs union would present very serious challenges to achieving these […]

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NCC publishes Ireland’s Competitiveness Scorecard 2017

    NCC publishes Ireland’s Competitiveness Scorecard 2017

The National Competitiveness Council has published its annual benchmarking report, Ireland’s Competitiveness Scorecard 2017. The Scorecard provides a statistical assessment of Ireland’s competitiveness performance with regard to a range of countries with which we compete for trade and investment.
Based on the analysis herein, the Council finds that many facets of Ireland’s competitive performance continued to […]

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Ireland is fifth most open economy globally

    Ireland is fifth most open economy globally

According to ICC Ireland, Ireland is currently ranked fifth in the International Chamber of Commerce (ICC) Open Markets Index highlighting the importance of international trade for the Irish economy.
Commenting on the ICC Open Markets Index, Ian Talbot ICC Ireland Secretary General said: “Ireland ranks fifth globally, an improvement of one place since the last publication of this […]

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2% of British businesses support a ‘no deal’ negotiation option

    2% of British businesses support a ‘no deal’ negotiation option

One month on from the General Election, the British Chambers of Commerce (BCC) has published a post-election survey of over 2,400 companies, which shows that while businesses have a range of views on their preferred objectives for the UK in Brexit negotiations, there is almost no support to conclude UK-EU talks without a trade deal.
Asked […]

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Tánaiste welcomes agreement on landmark new trade deal with Japan

    Tánaiste welcomes agreement on landmark new trade deal with Japan

Tánaiste and Minister for Enterprise and Innovation Frances Fitzgerald and Minister for Trade Pat Breen have welcomed the milestone in achieving progress on the EU new trade deal with Japan which will bring great benefits to Ireland.
The Tánaiste welcoming the landmark deal said: “Together with the EU- Canada Comprehensive Economic and Trade Agreement, today sends […]

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CETA will provide trade opportunities for Irish business

    CETA will provide trade opportunities for Irish business

According to Ibec, the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada was essential for increasing market access and investment opportunities for Irish businesses. Speaking ahead of a meeting with Canadian Prime Minister Justin Trudeau in Dublin yesterday, Ibec CEO Danny McCoy stated: “To date, Ireland has benefitted greatly from trade relations with […]

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Minister Canney leads trade mission to Canada

    Minister Canney leads trade mission to Canada

Seán Canney, Minister of State for the Office of Public Works (OPW) & Flood Relief, has commenced a three-day Enterprise Ireland trade mission to Canada with the programme taking place in Toronto and Ottawa.
The aim of the trade mission is to support participating Irish companies in furthering relationships with new and existing Canadian customers, secure […]

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InterTradeIreland launches Brexit Advisory Service

    InterTradeIreland launches Brexit Advisory Service

A dedicated InterTradeIreland advice service aimed at helping SMEs navigate the challenges of Brexit has been launched. Businesses will be able to access a raft of supports from the Brexit Advisory Service including Brexit Readiness Vouchers which they can use to fund bespoke advice up to the value of €1000; free Brexit briefing events; information […]

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Brexit to intensify competition for investment

    Brexit to intensify competition for investment

Following a meeting with EU chief Brexit negotiator Michel Barnier in Dublin, Ibec CEO Danny McCoy welcomed the awareness of Ireland’s unique Brexit exposure and said Irish concerns now need to be directly and explicitly addressed in negotiations and in the terms of a future EU-UK trade deal.
“Brexit is not only likely to disrupt trade […]

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Minister Mitchell O’Connor publishes survey on Irish SMEs views on Brexit

    Minister Mitchell O’Connor publishes survey on Irish SMEs views on Brexit

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor has published the findings of a survey of 1,045 SME business owners which was conducted in January by Behaviour & Attitudes and has set out a number of actions being developed to support SMEs in responding to the challenges of Brexit.
Minister Mitchell O’Connor said: “While […]

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Calls made for free trade agreement between EU27 and UK post Brexit

    Calls made for free trade agreement between EU27 and UK post Brexit

FoodDrinkEurope, the EU organisation of the food and drink industry, met in Dublin recently to call for a comprehensive free trade agreement between the EU27 and the UK post Brexit. The group met with An Taoiseach Enda Kenny, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor and Minister for Agriculture, Food and Marine, Michael […]

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Minister Breen leads 25 companies on trade visit to Antwerp

    Minister Breen leads 25 companies on trade visit to Antwerp

Pat Breen, Minister for Employment and Small Business is leading an Enterprise Ireland trade visit to Antwerp in Belgium. The aim of the trade visit is to promote Ireland’s extensive experience and capability within the high-tech construction and engineering sectors. The programme provides four key networking opportunities for the 25 participating Irish companies to make […]

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Calls for Dublin to Belfast one-hour rail link

    Calls for Dublin to Belfast one-hour rail link

Foreign Affairs Minister Charlie Flanagan intends to seek money for a ‘rapid rail link’ between Dublin and Belfast as part of the Brexit negotiations. He added that a special fund may also be needed to help improve our ports as the country looks to diversify trading partners. “I’d like to be able to see rail […]

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Chamber chief promises Brexit solutions

    Chamber chief promises Brexit solutions

Eoin O’Neill, the new President of the British Irish Chamber of Commerce has said it’s time to move on from handwringing about Brexit to giving the Irish and UK Governments practical business solutions to the new political reality.
Speaking at the Chamber’s AGM in PwC, Mr O’Neill said the Chamber’s member firms on both islands will […]

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