Foreign Investment in UK: Northern Ireland

(asked on 15th March 2024) - View Source

Question to the Northern Ireland Office:

To ask the Secretary of State for Northern Ireland, whether he has held recent discussions with the US government on steps arising from President Biden's statement in April 2023 on the number of US corporations that want to come to Northern Ireland.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 20th March 2024

The UK Government has been continually engaging with the US government since President Biden’s statement in April 2023 regarding investment into Northern Ireland. Last week I was in Washington D.C where I spoke to the US Special Envoy for Northern Ireland for Economic Affairs. I also attended a roundtable with the Federation of Small Businesses, and spoke to other US investors about the unique opportunity Northern Ireland has to offer.

The UK has signed state-level Memorandums of Understanding with eight US states (Florida, Texas, Washington, Utah, Oklahoma, North Carolina, South Carolina and Indiana) to set out mutual goals and activities to strengthen our economic ties, as well as promote trade and investment, address trade barriers and enhance business networks.

The Northern Ireland Investment Summit, held last September, highlighted Northern Ireland’s innovation and technological strengths to around 200 global investors. Guests included Joe Kennedy III (US Special Envoy to Northern Ireland for Economic Affairs) and the Prime Minister’s Trade Envoy to the USA. The Summit showcased Northern Ireland’s innovation, deep expertise in industries of the future, and unparalleled investment opportunities given its unique trading position.

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