Business

North-west firms must have unfettered market access says new chamber president

Stephen Latimer
Ryan McAleer

THE new president of Londonderry Chamber of Commerce has said access to markets in Britain, the Republic and the rest of the EU must remain open and unfettered for businesses in the north-west.

Redmond McFadden was speaking after he was elected by business leaders in Derry at the chamber's AGM on Thursday evening.

The Danske Bank regional manager takes over from Foyle Port boss Brian McGrath for 2020.

Derry-based accountant Dawn McLaughlin was elected vice-president.

Mr McFadden said yesterday: “I am under no illusions as to the challenge which lies before us going into 2020.

“While a no-deal Brexit was avoided at the end of October, next week's general election will likely decide the fate of Brexit in the short- and medium-term.

“Our geographical location means access to markets in Great Britain, Republic of Ireland and the rest of the EU must remain open and unfettered,” he added.

“It is crucial that our members can trade on the same terms as before.”

Also speaking on Thursday, outgoing president Brian McGrath said: “2020 will present significant challenges for the north-west business community but I am confident that Redmond and Dawn will show strong and dynamic leadership, represent the interests and views of our membership, and succeed in carrying on our hard work this year.

“I am certain that the north-west will continue to grow and be a vibrant and attractive place to live, work and do business.”

Enjoy reading the Irish News?

Subscribe from just £1 for the first month to get full access