Michael Noonan to offer reassurances about Ireland's appeal in US meetings

Finance Minister Michael Noonan is expected to offer reassurances about the country's enduring appeal when he meets potential investors in the United States this week.

Michael Noonan to offer reassurances about Ireland's appeal in US meetings

Finance Minister Michael Noonan is expected to offer reassurances about the country's enduring appeal when he meets potential investors in the United States this week.

The visit was planned following the outcome of the UK referendum on Brexit, which Mr Noonan said presented an important challenge for the Irish economy.

As well as representatives from large US companies which have bases in Ireland, the minister will also meet US Treasury Secretary Jack Lew and officials from the IMF and World Bank.

Mr Noonan said: "Ireland has strong ties with the US and this is most evident in terms of inward investment from American companies.

"I meet regularly with current and prospective investors from the US and this visit will allow me to emphasise Ireland's attractiveness as a destination for foreign direct investment following the UK's decision to exit the European Union.

"Companies invest in Ireland for a broad range of reasons, not least to access the world's largest economic bloc, the European Union.

"As a common law, English speaking and business friendly jurisdiction we will continue to be an attractive destination for US companies.

"We will continue to look outwardly and engage with investors with a view to encouraging substantive investment in Ireland which creates high-quality employment for our people."

Last month Foreign Minister Charlie Flanagan expressed concern after Stormont First Minister Arlene Foster accused Dublin officials of poaching foreign investment and of talking down the Northern Ireland economy.

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

The European Central Bank skyscraper in the city of  Frankfurt Main, Germany ECB firmly behind June rate cut but views diverge on July
Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited