Northern Ireland economy minister flies to US to boost trade and investment

Northern Ireland’s economy minister has pledged to expand trade and investment with the United States following a three-day tour.

Gordon Lyons said the United States, as the second largest export destination, is extremely important to Northern Ireland’s economy and holds significant potential for future growth.

In the year to the end of September 2021, exports from Northern Ireland to the US totaled £938 million.

He was addressing the Northern Ireland Office in Washington DC at the end of a three-day visit which also included New York and Maryland, culminating in a reception at the White House.

A statement from the Department for the Economy said Mr Lyons was visiting existing US investors in Northern Ireland, as well as those considering the area as a potential location.

“I was proud to represent Northern Ireland this week and to feel the warm welcome from everyone in the United States,” he said. “With countries starting to open up again, it is more important than ever to reassure the world that Northern Ireland is open for business.

“This visit has been very helpful in creating new opportunities for export-oriented Northern Ireland businesses, building relationships and highlighting our strengths as an attractive place to invest, visit, study and learn. to install.”

During Mr. Lyons’ visit to Maryland, he met with officials from the State’s Department of Commerce and Labor to strengthen ties under the Joint Cybersecurity Memorandum of Understanding, signed with the Northern Ireland Department of Economics in 2019.

It has helped Northern Ireland retain its status as the number one international investment location for US cybersecurity companies.

“I was delighted to be here today to renew the ties of our Cyber ​​Security Memorandum of Understanding with Maryland. The MoU provides an excellent opportunity for Northern Ireland and Maryland to support each other by sharing knowledge and best practices. Nurturing relationships and attracting more high-value foreign investment is a priority in my 10X economic vision. MOUs can play an important role in helping to support this vision, which will benefit our economy and our people.

Pat R. Madsen