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Ireland to become an even more important gateway to EU markets for US companies

Written by Robert McHugh, on 22nd Sep 2017. Edited on 25th Sep 2017 Posted in Ireland

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The American Chamber of Commerce Ireland had its Annual Cork lunch today with 250 members present.
 
During the event, Managing Partner of Irish law firm, Matheson, Michael Jackson claimed that the substance behind the Irish-US trade and investment relationship is set to drive an even stronger flow of business between the countries over the coming years.

Matheson believe that many US companies seeking to navigate access to the EU market post Brexit will see an even greater role for Ireland and that the current substantial numbers of people employed in Ireland by US companies will ultimately increase.
 
The law firm also believes that Ireland will see an increase in the number of Irish companies operating and employing substantial numbers in the United States. There are currently 700 Irish companies employing over 80,000 people in the US.
 
Speaking today, Jackson said, "Notwithstanding global uncertainty around trade policy and US tax reform as well as the challenges around Brexit, we see the Irish-US relationship growing stronger, and Ireland becoming an even more important gateway to EU markets for US companies."

He added, "Ireland has a history of providing legal and regulatory certainty, tax certainty, access to European markets and substance, in a global market where all of these factors are essential for international business to grow and thrive."

Source: www.businessworld.ie

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