British Irish Chamber of Commerce Digest 22/06/2017

British Irish Chamber of Commerce Digest 22/06/2017

Welcome to the Weekly Digest of the British Irish Chamber of Commerce. This informative guide keeps you up to date on the most recent activities of the Chamber, recent news from our members and notable media coverage.

For more information on Chamber activities and opportunities, please contact:

Director General, John McGrane at This email address is being protected from spambots. You need JavaScript enabled to view it., or Director, Corporate Relationships, Yve O'Driscoll at This email address is being protected from spambots. You need JavaScript enabled to view it.

 


 

Culture, Arts, Sports and Tourism: A Post-Brexit Vision to 2020
Eversheds Sutherland and British Irish Chamber of Commerce
Intercontinental Hotel, Dublin 4
Thursday 29 June, 8AM
 
NEW SPEAKERS ANNOUNCED! LIMITED SPACES AVAILABLE

This FREE event will allow speakers and attendees the opportunity to converse and address the key concerns and potential opportunities that will arise for the Culture, Arts, Sports and Tourism sectors as a consequence of Brexit. The morning will consist of 2 panel discussions, with Opportunity being the common theme.

Panel 1 will address the impact on ‘Competitiveness’ topics addressed within this panel will include but not exclusive to the Travel tax, the reduced VAT rate, Infrastructure and resources for sectors. Panellists Include:
 
Shane Clarke, Tourism Ireland,
John Concannon, Creative Ireland,
Peter Collins, Irish Hotel Federation,
Eoghan O'Mara Walsh, Irish Tourist Industry Confederation ITIC

Panel 2 will look at the consequences for ‘Connectivity’ between the UK and Ireland – topics addressed within this panel will include – the Common Travel Area, the UK – Ireland visa schemes, All-island sporting and cultural events and synergies between the UK and Ireland across the CAST sector. Panellists Include:
 
Paul O’Kane, Dublin Airport
Suzanne Dolye, Music and Television Consultant
Brian Kavanagh, Horse Racing Ireland

Click here for more information. Should you have any queries regarding this event please contact our Events Manager Alison Cotter This email address is being protected from spambots. You need JavaScript enabled to view it.. Due to expected high demand to attend this event and that it carries no charge, the Chamber recommends you register early to secure your place.




Brexit: Key words explained
Irish Times, 19 June 2017

Don’t know your EFTA from your EEA? Or what an acquis is? Help is at hand: The Irish Times presents a guide to the key words and terms associated with Brexit.

Acquis Communautaire
The entire body of European laws: all the treaties, regulations and directives passed by the EU’s institutions, plus all the rulings of the European court of justice (see below). Every member state has incorporated the acquis into their legal system.

EEA/EFTA
The European Economic Area is made up of the EU’s single market, plus three European Free Trade Association members, Iceland, Liechtenstein and Norway; they trade freely with the single market in exchange for accepting its rules. Switzerland is in EFTA but not the EEA; bilateral accords give it special access to the single market. The four EFTA countries are not in the customs union: they can negotiate trade deals with third countries, like China.

Free Trade Agreement (FTA)
Typically long and complex to negotiate, an FTA is an agreement between at least two countries to cooperate on reducing trade barriers such as import quotas and tariffs so as to increase the trade of goods and sometimes services between them. An FTA between the UK and the EU will define the two parties’ future relationship after the divorce under article 50..
 
Click here to read the full article.




Brexit Talks Kick Off in Brussels as May Urged to Soften Stance
Bloomberg, 19 June 2017

Brexit talks finally began today, almost a year since Britons voted to leave the European Union and amid confusion over what exactly the U.K. government wants from the divorce.

What U.K. Brexit Secretary David Davis describes as the “most complicated negotiation of all time” began at 11 a.m. in Brussels with Prime Minister Theresa May’s government already on the backfoot. An attempt to strengthen her hand by calling an election backfired and she’s run into further domestic strife since, while the 27 other EU members started out with more leverage anyway.

“We are starting this negotiation in a positive and constructive tone,” Davis said in comments to reporters from the European Commission’s Berlaymont building headquarters. “There is more that unites us than divides us.”

The EU’s chief negotiator, Michel Barnier, told reporters that the talks “must first tackle the uncertainties posed by Brexit,” as he outlined expectations for this opening round of discussions. “I hope that today we can identify priorities and the timetable that would allow me to report to the European Council later this week that we had a constructive opening of negotiations,” Barnier said.
 
Click here to read the full article.




The British Irish Chamber of Commerce SME Consultative Forum
British Irish Chamber of Commerce, 25 May 2017
 
“Listening to our Members – Delivering for the Sector”

On Thursday 25 May, the British Irish Chamber of Commerce SME Committee held a Consultative Forum “Listening to our Members – Delivering for the Sector”. The purpose of this Forum is ascertain the Chamber's SME members and invited guests’ views, concerns and expectations following the UK electorate's decision to leave the European Union and the subsequent invoking of Article 50.

The Minister for Employment and Small Business, Pat Breen TD gave the Keynote Address for the Forum offering the context from the Government's perspective.  That Speech is available to download here.

To view the Event report of the Forum and the Minister's speech, please click here.




Brexit Back-Flipping, Ireland’s “Whitaker moment” & Profit-Share for AIB Staff
Inside Business Podcast, Irish Times, 13 June 2017
 
“Inside Business” is The Irish Times Business Podcast, presented by Finance Correspondent Ciarán Hancock in association with Irish Life.

On the latest Inside Business podcast, John McGrane, Director General of the British Irish Chamber of Commerce, joins economist Jim Power to discuss what a softer border with Northern Ireland might look like and what Ireland’s new Taoiseach Leo Varadkar should do for the economy. Click here to listen to the podcast
 
Click here to listen to the podcast.




The Chamber's Week in Review
Some of last week's highlights for the British Irish Chamber of Commerce team.

Sunday 11 June - Chamber Director John McGrane appears on Sunday AM on TV3
Monday 12 June - Chamber Director speaks on Newstalk about UK business sentiment to Brexit
Tuesday 13 June - Chamber Director speaks on Inside Business Podcast
Tuesday 13 June - Chamber Director speaks at European Movement event
Wednesday 14 June - Chamber Representative attends European Movement event "Two Islands: Brexit and the Future of Europe" in Iveagh House
Wednesday 14 June - Chamber Director speaks at Brexit event with Councillor Paul McAuliffe
Friday 16 June - Chamber SME Committee assembled
Friday 16 June - Chamber event with Byrne Wallace at Irish Embassy in London. Pictured above and more details here.




Upcoming Chamber Committee Meetings:
 
The first meeting of the Higher Education and Research Committee takes place on Thursday 22 June.
The Agri-Food Committee will  meet on June 28.
The ICT Committee will hold a Consultative Forum on July 14.
The Financial Services Committee are scheduling their next meeting for mid July.
 
If you are a member of the Chamber and wish to be involved in any Chamber Committee, please contact our Head of Sectoral Policy Paul Lynam at This email address is being protected from spambots. You need JavaScript enabled to view it.




Celtic Connection - A snapshot of Irish and Welsh Life Sciences
British Irish Chamber of Commerce, 20 June 2017

LAST CHANCE TO REGISTER!

TOMORROW The British Irish Chamber of Commerce in conjunction with the South Wales Chamber of Commerce (SWCC) have organised a trade and networking event for the Life Sciences sector at the Life Sciences Hub

Celtic Connection brings together Life Sciences experience from Wales and Ireland, as well as leading experts, academics, investors and advisors. It will enable businesses from across Wales and Ireland to learn more about trading in these two regions and explore potential for increasing trade, growth and routes to market. Julie James AM, Minister for Skills and Science will open the event.
 

This event is free but must be prebooked due to restricted space and access requirements.

For more information or to request your place on the Trade delegation, visit Eventbrite page here.

 

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