The 24th of February IRBA and Dublin City event attracted one hundred Irish businessmen, representatives of the Russian embassy and the press.
Ivan Kush of ITAR-TASS news agency reported the following (translated and adapted by Vladimir Popov).
The Irish government is set to a positive dialogue with Russia in the economic sphere, Richard Bruton TD, Minister for enterprise, jobs and innovation, concluded at the event. “Irish-Russian relations are on the rise. In particular, the Irish services in high demand on the market. Many Irish companies have already achieved success in Russia in such areas as medicine, agriculture, construction, information technology, aviation”, said the Minister. He noted that the Irish-Russian relations have great potential. “One of the priority areas, in my opinion, is agriculture. Ireland is ready to deliver environmentally friendly products of excellent quality” he explained. “[Ireland] achieved certain results in the field of education: Irish institutions such as the Dublin Institute of Technology and Trinity College actively cooperate with Russian universities. I understand that many Russians do not even know of the existence of our country. In this regard, the Russian students who come here on exchange, become cultural ambassadors in the future and will develop our relations, particularly trade”. Read more…
Following the round-table held a week earlier, IRBA submitted recommendations on what issues are of concern in bi-lateral trade between Ireland and Russia to Eamon Gilmore, the Tanaiste and Minister for Foreign Affairs and Trade (DFAT).
Download executive summary here (PDF, 120kB).
Ernst & Young has recently published results of its Russia Attractiveness Survey. Below is a summary of the report, and an executive summary with key headlines. Full report can be downloaded from E&Y (PDF).
Key findings from Ernst & Young’s Russia Attractiveness Survey:
- Russia was Europe’s fourth-largest Foreign Direct Investment (FDI) destination in 2010.
- That’s an 18% increase year-on-year
- The number of FDI projects in Russia is up 130% since 2006
- 75% of survey respondents said that Russia’s growing domestic market is ‘attractive’
- Investors are exceptionally optimistic about Russia’s future – more than 70% believe Russia will become more attractive in the next three years.
Note, that Stephen is running a series of events at UCD Smurift that could be of interest.
Influence & Negotiation Strategies – free lunchtime webinar on February 23rd.
“Swimming with sharks: negotiating with customers who want to eat you alive“ – talk as part of Executive Edge, an executive education showcase at the business school on March 11. There will be 17 other speakers at the event and participants get to pick six topics to attend through the course of the day.
Winning Negotiation Strategies – course on April 13 & 14. This is a very thorough, hands-on training programme that covers a wide range of negotiation strategies and planning guidelines.
Download Speaker Presentation