THE Windsor Framework offers the north a unique economic opportunity, which must be grasped, the head of Manufacturing NI has said.
Stephen Kelly was speaking as the trade body launched Manufacturing Month 2023, a month-long series of events to celebrate local industry.
He said if the new deal struck between the UK and the EU is properly maximised, it can provide the basis to bring prosperity and economic growth across Northern Ireland.
“In recent weeks we have had prime ministers and presidents travel to Northern Ireland, accompanied by the world’s media, promoting the globally unique trade and investment opportunity which the Windsor Framework secures," he told those gathered at Hinch Distillery for the launch event.
“We all share an ambition to make this a prosperous place and more prosperous people, so it is crucial that our political, policy and business leaders take this opportunity and fully maximise the benefits of dual-market access.
“Our manufacturers are already proving that this opportunity is real by securing record exports, driving prosperity and economic growth for our businesses, our workforce, and for communities across Northern Ireland.”
Thursday’s event also heard from trade and investment specialist Gareth Hagan of OCO Global.
He said research carried out by his firm had highlighted the economic boost the north has enjoyed since the Good Friday Agreement.
“It’s undeniable that peace has brought increased investment, more jobs, a huge boost to industries like tourism and hospitality, and made our country a much more attractive place to live, work, invest, and do business,” he said.
“Dual-market access is the next piece of the puzzle for Northern Ireland. If we can successfully maximise this unique position we find ourselves in, the evidence is there that says we can grow our economy by up to 50 per cent, create over 30,000 new jobs, and welcome millions more visitors every year.”
Mr Hagan said the north’s manufacturing and engineering sector is one of the most likely to benefit from dual-market access.
“We were delighted to support today’s event and set the scene for the month ahead, providing a positive and optimistic view of the potential benefits of the new Windsor Framework.”
