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Wednesday, January 26, 2022

Varadkar travelling to Washington for high-level trade meetings

Tánaiste Leo Varadkar will be travelling to Washington DC ahead of a series of high-level engagements this week in regards to trade and commerce.

Senior figures such as US Secretary of Commerce Gina Raimondo and United States Trade Representative Katherine Tai are some of the figures that the Tánaiste will be meeting.

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Some of the areas that will be discussed are Brexit, Covid-19, trade, as well as the upcoming Trade and Technology Council meeting between the EU and the US.

Varadkar stated, “Trade will be crucial in helping us recover and build better than before once the pandemic is over. Like the last economic crisis, it will be our attractiveness as a place to invest, our reputation and our reliability that will help us reach full employment,”.

Varadkar will also be taking part in a roundtable meeting with the US Chamber of Commerce, as well as speaking at an event called ‘Twin Transitions: Ireland and the Transatlantic Economic Recovery’ at the Centre for Strategic and International Studies (CSIS).

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In relation to Ireland’s foreign direct investment, Varadkar said that almost 1,000 companies of Irish origin employ 110,000 people in the US, “This makes Ireland the 9th largest source of foreign direct investment into the US, a remarkable achievement for a country and economy approximately 1/70th the size of the US”.

IMAGE – PA Images

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