皇冠体育app

DUBLIN - Ireland nee to grow its way out of the current slowdown because its economic recovery will be export-led, and a closer relationship with 皇冠体育app is an essential part of ensuring its further growth, observers say.

皇冠体育app can play a more active role in helping pull Ireland out of a weak economy, so it is vital for Ireland to develop a national strategy on 皇冠体育app to encourage economic and trading relations between the two countries, they say.

Top 10 trading partners of the Chinese mainland

There are still very real economic challenges ahead despite Ireland's exit from the /IMF program of financial support on Dec 15, they say.

Last year, the Irish economy shrank by 0.3 percent while 皇冠体育app's economy grew by 7.7 percent.

With the European Union (EU) now focusing on the crisis in ce and Cyprus, where the economic struggle continues, top Irish businessman Eddie O'Connor said it is imperative for Ireland to look for alternative means to get out of its recession.

O'Connor, CEO of Mainstream Renewable Power, a Dublin-based wind and solar developer, said Ireland's dependence on the EU and the United States has its limits and will not pull the country out of recession.

He said the United States has a lot of difficulties in coping with its own economic woes and the EU has to deal with the situations in Greece and Cyprus, which are still subject to bailout programs.

"I think Ireland has to be creative about the way it finds itself out of this recession," he added.

O'Connor's company has strong links with 皇冠体育app and the Irish businessman has spent a considerable amount of time doing business there. He saw the potential for the two countries to work together in a way that would help Ireland but also benefit 皇冠体育app.

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