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Minister for Finance, Michael Noonan T.D., will travel to the United States of America this week. On a visit planned following the outcome of the UK referendum on EU membership, which presents an important challenge for the Irish economy, Minister Noonan will meet with a range of companies and investors, including a number of the large US companies based in Ireland. Minister Noonan will use the opportunity to highlight the many attractions Ireland has as a destination for Foreign Direct Investment and engage on topical issues. Minister Noonan will also meet with U.S. Treasury Secretary Lew and officials from both the IMF and the World Bank.

Speaking about the current business visit, Minister 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 block, 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.”