Updated: 25/01/18 : 06:14:55Printable Version
Taoiseach, Leo Varadkar will attend his first World Economic Forum in the Swiss ski resort of Davos this morning, accompanied by the Minister for Finance, Paschal Donohoe.RTÉ reports that Mr Varadkar will hold a number of meetings with senior executives from high-tech, pharmaceutical and financial services companies, and will take part in a number of panel events.
The US president will also arrive in Davos today.
Donald Trump will be the first sitting president in 20 years to travel to the Swiss alps for the annual gathering.
His decision to, as some have described it, ‘gate crash the gathering of globalists and free trade enthusiasts’, has taken everyone by surprise.
The White House says he will deliver a head-on defence of his so-called America First policy, and will promote the US as an investment location, now that the corporate tax rate has been cut.
That development will be foremost on the minds of Leo Varadkar and Paschal Donohoe, who will be keen to sell Ireland as a vital investment location within the EU single market post Brexit.The Taoiseach will do a series of interviews with global news networks before meeting a number of senior executives, including - it's understood - Sheryl Sandberg of Facebook, and Brian Moynihan, CEO of Bank of America.
Paschal Donohoe will take part in a debate on tax avoidance with Pierre Moscovici, the EU's commissioner for economic and financial affairs, and Winnie Byanyima of Oxfam, long a staunch critic of Ireland's corporate tax policies.
That promises to be an intriguing discussion.