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Brazil partnership on the books

Monday, October 08 14:51:22

Minister of State for Trade and Development Joe Costello T.D. was today in Brazil outlining current and future links between the two countries in areas such as research and development.

Mr. Costello presented evidence of past and present success stories in areas ranging from novel materials to nanotechnology to engineering as a result of collaboration between Ireland and Brazil and is hopeful these can encourage the fostering of future economic bonds between both nations. He also highlighted the opportunites for Brazilian students and researchers on Irish shores.

"This event underlines Ireland's commitment to enhancing scientific links and partnerships between Ireland and Brazil. Ireland's policy of supporting research and fostering innovation is delivering tangible results. It is important that we avail of occasions like today's gathering to remind our international partners of the business opportunities available to them in Ireland. Among other things, it enhances Ireland's attractiveness as a location for foreign direct investment. I am confident that the relationships fostered here today will encourage Brazilian technology companies to deepen their engagement with Ireland to the benefit of our economic recovery," the Minister said of the event.

The Minister's visit coincides with President Michael D. Higgins' current tour of South America in a bid to strengthen ties between Ireland and the continent.

Brazil overtook Britain as the world's sixth largest economy earlier this year. As one of the much-vaunted 'BRIC' countries is widely considered a major potential trading partner for both the present and future.

Enterprise Ireland today launched a its biggest ever trade mission to the country in a bid to build relations between Ireland and Brazil.