Conor Murphy Says NI Trade Opportunities Should Be Seized and Maximized

Belfast, Northern Ireland Jun 7, 2024 (EMWNews.com) – The trade opportunities in Northern Ireland should be seized and maximized, according to the monster of the economy, Conor Murphy. The economy minister was speaking at the launch of Invest, Northern Ireland’s international trade calendar of events and trade missions. The event was attended by stakeholders and businessmen as it was held at The Burnavon in Cookstown. Minister Conor Murphy said, “From participation in international green energy exhibitions for companies who are growing their capabilities in this area, to sector-focused visits aimed at connecting our local expertise with international buyers; these trade opportunities should be seized and maximized.”

“Dual Market Access means businesses in the north can now export goods to both British and European markets, free from customs declarations, rules of origin certificates, and non-tariff barriers. It also means that businesses can use EU inputs in their products without having to ‘import’ them.  The opportunity for all-island trade is also critical to economic growth and sustainability” he continued.

He added: “We have a rich history as a trading and exporting region, built on our innovative and entrepreneurial spirit. Building on this, we can create more good jobs for people right across the north. We can raise our stubbornly low productivity levels, drive down our carbon emissions, and ensure that everyone benefits from an improving economic landscape here.” 21 exhibitions and 13 trade missions are included in the 2024/25 International Trade Calendar. This is across sectors including agri-tech, food and drink, advanced engineering and materials handling, fintech, green, and smart technology. Five trade missions and seven exhibitions especially targeted the European market. It aims to capitalize on the unique position that the country holds on the European market and trade within the continent.

John Healy, the chair of Invest Northern Ireland was also at the speaking event. He added, “We know that selling beyond the local marketplace may seem daunting for businesses that have only traded domestically up to now.This is where Trade support from Invest NI can help. The team can help businesses identify the right market, find trading partners, and put in place the right processes and structures to trade successfully.”