08/05/2008

Brown And Cowen Meet For Business

Brian Cowen is to meet Gordon Brown on Thursday during the British PM’s trip to Northern Ireland.

The new Taoiseach’s first day will focus on a discussion with Mr Brown on the progress made in Northern Ireland, as well as an address to a business conference underway in Belfast.

On Wednesday, a US delegation of business leaders arrived for the investment conference, where a £70 million investment by Bombardier was announced.

The two leaders are expected to address the major investment conference also, speaking to the 100 US executives.

However, Mr Brown has made it clear to Northern Ireland's administration that he has no spare funding to come from the British government to bolster political stability.

The conference is being seen as Northern Ireland’s private sector being forced into taking the lead role in improving living standards.

New York City Mayor Michael Bloomberg is also due to go on walkabout in Belfast city centre. The Taoiseach will meet with US Special Envoy Paula Dobriansky and New York City Mayor Michael Bloomberg.

New York City Council Speaker Christine Quinn, New York City Comptroller William Thompson and New York State Fiscal Officer Thomas DiNapoli will all attend Thursday's conference, which is the last day in the two-day conference.

Despite America’s ongoing credit worries, New York has recently committed €150m for investment purposes in the North.

(DW)


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