Northern Ireland Signs Up to Stronger Business Links with Isle of Man

Aug 26, 2014

Enterprise, Trade and Investment Minister Arlene Foster and Minister for Economic Development for the Isle of Man, Laurence Skelly, MHK are pictured signing the Memorandum of Understanding.

Enterprise Minister Arlene Foster has signed a Memorandum of Understanding (MOU) aimed at maximising trade and investment opportunities between the island and Northern Ireland.

The MOU is a result of a visit by the Hon. John Shimmin MHK, former Minister for Economic Development, to Northern Ireland in 2012.

Speaking after signing the MOU with the Department of Economic Development, Arlene Foster said: “The Isle of Man is one of Northern Ireland’s closest neighbours and has been a popular holiday destination for many years.

“The tourism industry, as well as the technology and financial services sectors, are important for both our economies and this Memorandum of Understanding will help to strengthen the trade and business links in these key areas.

“The promotional slogan ‘Isle of Man. Where you can.’ reflects the ‘can do’ attitude that we apply in Northern Ireland when it comes to encouraging investment and staging world class events. The MOU between my department and its counterpart on the Isle of Man marks an important step towards building a closer relationship that will bring tangible benefits to both regions.”

Minister for Economic Development for the Isle of Man, Laurence Skelly MHK, said: “The Isle of Man Government is committed to strengthening business links to Northern Ireland so this Memorandum of Understanding between the Department of Economic Development and the Department of Enterprise, Trade and Investment is a welcome step forward.

“It enables us to continue to build on the existing business relationships and close tourism and cultural links that we enjoy with our near neighbour and reflects the willingness of both parties to work together to develop mutually beneficial opportunities to improve trade and services between us.”

No comments yet.

Share this Article

Sign up for News

 Enter Code

Latest Features

How new technology is changing the way customers shop
Nick Martin, e-Business Advisor
Feb 16, 2018
Firms start 2018 on a positive footing
David Roberts, Invest NI Economist
Feb 15, 2018
Opportunities await in the land Down Under
Peter Hendrikssen Regional Manager, Australia & New Zealand
Feb 14, 2018
Giving companies a head start with our Business Information Centre
Mandy Mills, Business Information Centre Manager
Feb 13, 2018
Northern Ireland is the top UK region for supply chain excellence
Helen Smyth, PR & Media Relations
Feb 02, 2018
Why should a business pay more on its energy bills unnecessarily?
Helen Smyth, PR & Media Relations
Jan 30, 2018