The Irish government has convened another global economic forum in Dublin on October 7th and 8th it has been announced.

The last one in September 2009 brought 150 business leaders from all over the world to Ireland to discuss economic prospects for the country.

Since then Ireland has fallen into a deep economic depression and the new government has focused on the Irish Diaspora as a major way of helping Ireland through its troubled times.

The last convention was held in Farmleigh in Dublin located in the Phoenix Park and a government official residence. This year the conference will take place at Dublin Castle, in Dublin's city center.

Among the major players who attended were Craig Barret of Intel, Alan Joyce CEO of Quantas and billionaire Denis O’Brien.

Irish foreign minister Micheal Martin gave the keynote address but new Prime Minister Enda Kenny is expected to play a leading role in this year’s event.

The announcement was made by Foreign Minister Eamonn Gilmore who stated that the  primary purposes of the 2011 Forum will be to:

- Engage fully with the Irish Diaspora in developing Ireland’s global business and trade relations;
- Discuss face-to-face the Government’s  priorities for economic renewal with key members of the international business community;
- Strengthen ties with the Irish Diaspora as a key part of the Government’s efforts to restore Ireland’s international reputation abroad. 

Speaking after today’s Government meeting during which the initiative was approved Gilmore said: “The Government recognises the valuable role the global Irish can play in Ireland’s economic recovery.  This Forum will provide an opportunity for us to meet with key members of the Diaspora and to discuss our priorities for economic renewal, job creation and the restoration of Ireland’s reputation abroad.”

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