On Wednesday, the 13th of January, the German Australian Business Council and the Irish Business Network (IBN) Germany welcomed almost 70 participants for our first joint event of 2021 “Three Sides of a Coin: fresh perspectives for 2021 from Germany, Ireland and Australia”.
The event featured speakers John Lynam, Consul General of Ireland, Frankfurt; Simon Clayton, Deputy Head of Mission, Australian Embassy- Berlin; Volkmar Klein, MdB, Member of German Parliament and was moderated by Eric Menges, Managing Director, FrankfurtRheinMain GmbH.
John shared the positive benefits of BREXIT for Ireland, such as accelerated plans to open 25 new missions globally by 2025 and strong investment in key sectors like life sciences and clean tech. Germany is also Ireland’s largest trading partner in the EU and a closer trading relationship and volume is expected once the initial teething issues are sorted.
Simon spoke about new business perspectives particularly in hydrogen. He also highlighted advantages of the AU-EU FTA which is currently being negotiated and which would ideally lead to more EU investment in Australia with positive implications for the global supply chain and logistics.
Volkmar rounded off the discussion highlighting Germany’s three pillars of COVID response around supporting businesses, stabilizing the economy and investing in the future (specifically in industries such as green steel and in developing countries which will be impacted disproportionately by this crisis).
A lively Q&A punctuated by bits of humour and positivity rounded off the rest of the evening’s discussion.
We thank IBN Germany for their cooperation and John, Simon, Volkmar and Eric for a very engaging and insightful evening.