Austria Strengthens Synergies between Diplomatic and Business Community

Published: February 26, 2016; 16:00 · (FriedlNews)

Diplomacy and business go hand in hand. From now on, synergies between the representation networks of the Federal Ministry for Europe, Integration and Foreign Affairs and the Austrian Federal Economic Chamber are to be used more efficiently.

Diplomacy and business – hand in hand / Picture: © Flickr

The network of embassies will be downsized within the EU while at the same time it will be strengthened in the rest of the world.

In the Baltic states, the Austrian Federal Economic Chamber “AußenwirtschaftsCenter“ (Foreign Trade Centre) is to assume the representative functions and embassies will gradually be opened by 2018 in Qatar, Singapore, Colombia and Georgia. An office will also be opened in Silicon Valley.

In these locations, the embassy and the “AußenwirtschaftsCenter” (Foreign Trade Centre) will be sharing premises.

Such a step will not only save costs but will also improve the quality of services provided to business operators and tourists alike, by, for instance, enabling faster visa processing.