What does NIR do?
We support and broaden the scope of operations of Swedish business in markets which are politically, economically or socially complex. All our activities are carried out with a long term outlook.
How do we operate?
Our interventions mainly focus on improving the structural conditions for business in the markets in which we operate, in order to promote economic and social development. We cooperate closely with both the public and the private sector, in Sweden as well as abroad. Additionally, our mission includes establishing networks of interest to Swedish businesses and representing Swedish business as a whole.
Where do we operate?
Our head office is located in Stockholm, Sweden, and we have local representation in Africa, Latin America and the Middle East.
Currently we have ongoing operations in Asia, Africa, Latin America and the Middle East. Please visit www.nir.se/en/programmes to find out more about our work in each respective region.
What is our background?
We were established in 1960 by Dr. Marcus Wallenberg Jr as the Swedish Industry’s Council for Foreign Affairs. Initially the Council functioned as a forum for deliberations on Sweden’s relationship with the European Economic Community (the predecessor of the EU). In the late 1970s, the name was changed to the International Council of Swedish Industry (Näringslivets Internationella Råd, NIR) and focus shifted to emerging markets. In 2006 NIR again underwent an additional narrowing of focus and since then we have focussed solely on targeting complex markets with untapped potential for Swedish business.
What type of organisation is NIR?
NIR is a non-profit organisation.
How is NIR’s work financed?
NIR is financed by our members. When our objectives coincide with those of other organisations, such as the Swedish International Development Cooperation Agency (Sida), we may choose to enter into partnership that results in our receiving external funding for our involvement.
What are our core values?
One of our fundamental beliefs is that the private sector can be a positive force in society and that the skills, abilities and unique characteristics of business should therefore be used towards this end. NIR also believes in dialogue and engagement as the way to promote development.