Tuesday 25 July 2017

Noonan out to woo firms in US charm offensive

Mr Noonan is on a week-long mission to the US where he has a series of face-to-face talks with executives from major firms. Photo: Niall Carson/PA Wire
Mr Noonan is on a week-long mission to the US where he has a series of face-to-face talks with executives from major firms. Photo: Niall Carson/PA Wire
Kevin Doyle

Kevin Doyle

Finance Minister Michael Noonan has met with US Treasury Secretary Jack Lew as part of a post-Brexit offensive across the Atlantic.

While the meeting in Washington was originally scheduled to assess the fallout from Britain's decision to quit the EU, the election of Donald Trump as president is also understood to have featured.

Mr Noonan is on a week-long mission to the US where he has a series of face-to-face talks with executives from major firms.

Today he will meet with representatives from the World Bank and International Monetary Fund.

The discussions with Mr Lew will be seen as significant given the treasurer's view that Britain and the EU need to ensure their economies remain "highly integrated" after Brexit.

He has previously said "a transparent, smooth and co-operative process that results in a highly integrated economic relationship is in the best interests of Europe, the United States, and the global economy".

Mr Noonan's visit comes ahead of a similar mission by Taoiseach Enda Kenny at the end of the month.

It is understood that the Taoiseach will travel to Silicon Valley where companies like Google and Facebook have bases.

However, he is not scheduled to have any meetings with outgoing President Barack Obama or Mr Trump.

Irish Independent

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