Trade and Business in Ireland, Dublin

The objectives of the subject “International Trade and Business in” Ireland” are the following:

1. To analyze the Irish Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the Irish Market
3. To analyze the trade relations of Ireland with the country of the student
4. To know the Irish Free trade agreements as a member of the European Union
5. To develop a business plan for the Irish Market

Irish Preferential Access and Free Trade Agreements

1. Ireland and the European Economic Area
2. European Union
   1. Economic and Monetary Union
   2. European Customs Union
   3. European Single Market
   4. EU Services Directive
   5. European Digital Single Market
   6. As a member of the European Union, Ireland is a beneficiary of the EU Free trade agreements with Algeria, Ivory Coast, South Africa, South Korea, India, Mexico, MERCOSUR, Chile, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia etc. besides the Customs Union with Turkey
3. Regional Cooperation Council (RCC)

Trade Facilitation Programs

1. World Trade Organization (WTO)
   1. WTO General Agreement on Trade in Services (GATS)
   2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
   3. WTO Agreement on Technical Barriers to Trade (TBT)
   4. WTO Agreement on Preshipment Inspection (PSI)
   5. WTO Agreement on Safeguards (SG)
   6. WTO Trade Facilitation Agreement (TFA)
2. World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC)
3. International Convention on the Harmonization of Frontier Controls of Goods (UNECE)
4. Convention on the Contract for the International Carriage of Goods by Road (CMR, UN)
5. Convention concerning International Carriage by Rail (COTIF)
6. International Bureau of Containers and Intermodal Transport (BIC)
7. International Civil Aviation Organization (ICAO, Chicago Convention)
8. International Maritime Organization (IMO)
   1. International Convention for Safe Containers (CSC)
   2. Convention Relating to Temporary Admission (Istanbul Convention)
9. International Road Transport Union (IRU)
   1. TIR Convention
   2. Guidelines on Safe Load Securing for Road Transport
10. International Chamber of Shipping (ICS)
11. Uniform Rules concerning the Contract of International Carriage of Goods by Rail (CIM, CIT)
12. Customs Convention on Containers (CCC, UN) - not a member

Sample:

European Trade and Economic Organizations of Ireland

1. European Union
   1. European Central Bank
   2. European Investment Bank (EIB)
   3. EU-CELAC Summit
   4. Group of States of the European Council Convention against Corruption (GRECO)
2. Economic Commission for Europe (UNECE)
3. Organization for Security and Cooperation in Europe (OSCE)

Global Organizations

1. Organization for Economic Cooperation and Development (OECD)
   1. OECD anti-corruption measures
2. Asia-Europe Meeting (ASEM)
3. Asian Development Bank (ADB)
4. African Development Bank (AfDB)
5. International Monetary Fund (IMF)
6. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organization (WIPO)
7. World Bank (WB)
8. World Trade Organization (WTO)

The Republic of Ireland (Europe)

1. Capital of Ireland: Dublin
2. Official languages: Irish and English
3. Area of Ireland: 70,273 square kilometres
4. Irish Population: 4.5 million people
5. Government of Ireland: Parliamentary Republic
6. Independence of Ireland from the United Kingdom: 1916

Religion in Ireland: Christianity (Catholicism)

Ireland belongs to the Western Civilization (European Economic Area)

Irish Economy

1. Ireland experienced a major economic growth between 1980 and 2000, from a developing country to one of the countries with the highest GDP per capita in the world
2. Irish GDP (nominal): 307,917 million EUR
3. Services: 75% of Irish GDP
4. GDP per capita (nominal): 65,870 euros
5. Ireland is a small market, open, and very dependent on international trade
6. The opening of the Irish economy is reflected on the international mobility of its workers, capital and Foreign direct investment (FDI)
7. The Republic of Ireland is a leader in information and communication technologies (IT), pharmaceutical and medical sector
8. Ireland is the digital communication centre in the European Union (EU), with the largest number of multinational companies based in Dublin
9. The main sectors of the Irish economy are food export products, bees, textiles, telecommunications, chemical products and pharmaceutical, machinery, transport equipment and software.

Irish Foreign Trade

1. More than 80% of Irish manufactured products are exported to the international markets
2. Top Irish exports markets: the United Kingdom, the United States, Belgium, Germany, France
3. Top Irish import partners: the United Kingdom, the United States, Germany, the Netherlands, France
4. As a member of the European Union, Ireland is a beneficiary of the EU Free trade agreements: Canada, Japan, the ASEAN, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia...

(c) EENI Global Business School (1995-2022)
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