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Northern Eire economic system minister flies to US to spice up commerce and funding

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

Northern Eire’s economic system minister pledged to develop commerce and funding with the US on the finish of a three-day tour.

Gordon Lyons stated the US, because the second-largest export vacation spot, is massively necessary to the Northern Eire economic system and holds important potential for future development.

Within the 12 months to the top of September 2021, Northern Eire exports to the US totaled £938 million.

He was talking to the Northern Eire Bureau in Washington DC on the finish of a three-day go to which additionally included New York and Maryland, ending with a reception on the White Home.

A press release from the Division for the Economic system stated Mr Lyons was visiting present US traders in Northern Eire, in addition to these contemplating the area as a possible location.

“I’ve been proud to symbolize Northern Eire this week and to really feel the nice and cozy welcome from all within the US,” he stated. “With nations starting to open up once more, it’s extra necessary than ever to reassure the world that Northern Eire is open for enterprise.

“This has been a really worthwhile go to to create additional alternatives for Northern Eire export targeted companies, construct relationships and to focus on our strengths as a lovely place to speculate, go to, research and relocate to.”

Throughout Mr Lyons go to to Maryland, he met with representatives from the state’s Division of Commerce and Division of Labor to strengthen ties below the joint cyber-security Memorandum of Understanding, signed with the Northern Eire Division for the Economic system in 2019.

It has helped Northern Eire retain its standing because the quantity on worldwide funding location for US cyber safety corporations.

“I used to be happy to be right here right now to resume the ties of our cyber safety MOU with Maryland. The MOU gives an incredible alternative for each Northern Eire and Maryland to assist one another by sharing information and finest follow. Nurturing relationships and attracting extra excessive worth inward funding is a precedence in my 10X Financial Imaginative and prescient. MOU’s can play an necessary position in serving to to assist this imaginative and prescient, which can profit our economic system and our individuals.”

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