16/03/2016

New US Advisory Council To Be Established

A new US Advisory Council is to be established to support trade and investment between Northern Ireland and the United States of America.

The announcement was made from Washington, by First Minister Arlene Foster and deputy First Minister Martin McGuinness.

Arlene Foster said: "The US remains a vital market for Northern Ireland. It is our number one foreign direct investor with nearly 180 US companies employing over 24,000 people in Northern Ireland. It is also an important export market with Northern Ireland companies currently exporting just over £1.1 billion of goods to the US.

"I am confident that the Advisory Council will be a great asset to helping us capitalise on this once-in-a-lifetime opportunity."

Mr McGuinness said "We are delighted Shaun Kelly, Global Chief Operating Officer of KPMG International and John Hartnett, founder and CEO of SVG Partners LLC, and founder and president of the Irish Technology Leadership Group (ITLG) have agreed to chair the two arms of the new Advisory Council.

"Over the last five years we have seen investments from the US grow steadily. With the support of the Advisory Council and the continued work by Invest we hope to continue this trend and secure even more investment from this market."

(CD)

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