Maintaining position in EU ‘vital to encouraging US investment’

Maintaining Ireland’s position at the centre of the EU is vital to encourage and sustain investment by US companies in Ireland, according to the president of the American Chamber of Commerce Ireland, Peter O’Neill.

Mr O’Neill, the country general manager of IBM Ireland, said: “Ireland’s strategic interest lies in being a full participating member of the European Union, the country having long been the location of choice for US multinationals wishing to penetrate the European market in the most competitive and efficient manner possible.