Ibec, the group that represents Irish business, today marks the 20th anniversary of the Good Friday Agreement.
Commenting, Danny McCoy, Ibec CEO, said: “After 30 years of political violence, the 1998 Good Friday Agreement provided security and stability for business on the island of Ireland. Combined with the earlier introduction of the EU Single Market and the Provisional and Loyalist ceasefires, the conditions necessary to grow investment and job creation were established. With both the Republic of Ireland and Northern Ireland now near full employment, the all-island economy is delivering an evident ‘peace dividend’.
“Ibec believes that to successfully tackle the many and varied challenges of this economic success as the UK leaves the EU needs all Three Stands of the Agreement and its institutions active, re-energised and proactively engaged with business. The prize for doing so successfully is the sustained growth necessary to embed peace in the coming decades on a prosperous island of 10 million people.”