Dale Tasharski Commercial Counselor U'S' Embassy Dublin

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Dale TasharskiCommercial Counselor U.S. Embassy
Dublin

• Memphis Regional Chamber of Commerce
• International Council Lunch
• May 5, 2005

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Dale TasharskiCommercial Counselor U.S. Embassy
Dublin

• Ireland Your Partner in Europe
• Memphis Regional Chamber of Commerce
• International Council Lunch
• May 5, 2005

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Ireland

• 4 million people

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Vision

• 10 Corporate Tax Rate
• Educated and Skilled Workforce
• Fiscal Monetary Consolidation
• Social Partnership with Trade Unions

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Good Planningand Good Fortune

• International Financial Services Center
  (Dublin),1986
• European Single Market
• EU Structural Funding Subsidies
• Culliton Report, 1992 (Clustering)
• IDA Ireland, 1994

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Clustering

• Information, Communications, Technologies (ICT)
• Pharmaceuticals
• Financial Services

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How Many?

• 12.5 Corporate Tax
• English Speaking
• Highly Educated Workers
• Clustered Infrastructure
• Flexible Labor Market
• Pro-Business Government
• Gateway to Europe
• Decade of Results

• 600!

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Ireland Today

• Most Globalized Economy in the World ( AT
  Kearney, 2004)
• 4th Wealthiest Country in the World (OECD, 2004)
• Tops in Ease of Doing Business (World Bank, 2004)
• Worlds Best Country (Economist, 2005)

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BIG Business

• U.S. Investment in 2003
• China 11.8 Billion
• Ireland 55.4 Billion

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5 X Greater!
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110 Billion Relationship

• 54 Billion in U.S. investment in Ireland
• 24 Billion in Irish investment in the United
  States
• 8 Billion in U.S. Exports to Ireland, annually
• 24 Billion in Irish Exports to the U.S., annually

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EUROPE

• Future
• 500 Million Strong
• 2 Trillion in Trade and Investment with U.S.

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Ireland

• Your Partner in
• Europe

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Business in Transition

• Enterprise Strategy
• Group
• (2004)

• New Strategic Direction
• Reinforce Existing Strengths
• Expand International Sales Markets
• More RD Capable
• Focus on SMEs
• Commitment to 12.5

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Strategic Partners in Trade

• Partherships between
• American
• and Irish SMEs
• Leverage Strengths
• Take on Europe Together

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Partners in Europe
Poland, Czech Rep, Hungary.
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Strategies and Partners Bring Success

• Looking for sophisticated Irish and American
  small businesses
• With experience in international business
• High-tech products and services
• And a global perspective

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The Message

• Memphis and Irish Business Partners
• Leveraging Their Strengths
• To Compete and Win
• in the
• Global Marketplace

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• Thank You