Belfast Telegraph

Costello leads Brazil trade bid

Minister for Trade and Development Joe Costello is leading an Enterprise Ireland trade mission of 42 Irish companies to Brazil.

Last year exports by some local companies to the South American country grew 40%.

The visit is timed to coincide with the visit to Latin America by President Michael Higgins.

Mr Costello said: "Jobs are at the very top of this Government's agenda, and a central part of the Government's Action Plan for Jobs is to increase export activity with key high-growth markets such as Brazil."

He said the trade relationship with Brazil was already very strong.

"Innovative and export-focused Irish firms already operating successfully in Brazil have raised awareness of the quality and high-tech nature of products and services Irish firms offer," he added.

"This mission is about cementing and building on these existing links and opening new doors for increased export business and collaborative business ventures."

The 42 firms participating on the trade mission have strong track records in finding and winning business in new markets. They span a wide range of sectors including telecoms, financial services, engineering and education.

Enterprise Ireland's head of international sales and partnering Kevin Sherry, who is accompanying Mr Costello on the trip, described the trade mission as a timely and exciting opportunity for Irish firms seeking to expand their global market presence.

"Exports create and sustain jobs. The growth in exports to Brazil by Enterprise Ireland client companies of over 40% in 2011 clearly demonstrates that there are significant, realisable opportunities for increased trade and partnerships between Irish and Brazilian companies," he said.

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