Invest NI headquarters, Bedford Street, Belfast in May 2010 | |
Agency overview | |
---|---|
Jurisdiction | Northern Ireland |
Parent agency | Department for the Economy |
Invest Northern Ireland (Invest NI) is Northern Ireland's regional economic development agency. It is a non-departmental public body (NDPB) of the Department for the Economy (DfE). According to DETI's website, it "supports business growth and inward investment, promotes innovation, research and development and in-company training, encourages exports and supports local economic development and company start up." [1]
According to Invest NI's website: "Our role is to grow the economy by helping new and existing businesses to compete internationally, and by attracting new investment to Northern Ireland. We are part of the Department of Enterprise, Trade and Investment and provide strong government support for business by effectively delivering the Government’s economic development strategies, making the most efficient use of available resources. Invest NI offers the Northern Ireland business community a single organisation providing high-quality services, programs, support and expert advice. We principally support businesses in the manufacturing and tradeable services sectors." [2]
According to disclosures under the American Foreign Agents Registration Act, Invest Northern Ireland is engaged in lobbying U.S. legislators or government bodies. [3]
The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. In 2021, Kazakhstan attracted more than US$370 billion of foreign investments since becoming an independent republic after the dissolution of the former Soviet Union.
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a president, CEO, or executive director, plus staffing appropriate to size, to run the organization.
A foreign direct investment (FDI) refers to purchase of an asset in another country, such that it gives direct control to the purchaser over the asset. In other words, it is an investment in the form of a controlling ownership in a business, in real estate or in productive assets such as factories in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment or foreign indirect investment by a notion of direct control.
The Australian Trade and Investment Commission, or Austrade, is the Australian Government's trade, investment and education promotion agency which was also given responsibility for tourism policy, programs and research from 2013. Austrade was established under the Australian Trade Commission Act 1985. It is a non-corporate Commonwealth entity under the Public Governance, Performance and Accountability Act 2013, and a statutory agency under the Public Service Act 1999. Austrade is part of the Foreign Affairs and Trade portfolio.
The economy of Northern Ireland is the smallest of the four constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland. At the time of the Partition of Ireland in 1922, and for a period afterwards, Northern Ireland had a predominantly industrial economy, most notably in shipbuilding, rope manufacture and textiles, but most heavy industry has since been replaced by services. Northern Ireland's economy has strong links to the economies of the Republic of Ireland and Great Britain.
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development.
The Department for the Economy is a devolved Northern Ireland government department in the Northern Ireland Executive. The minister with overall responsibility for the department is the Minister for the Economy.
The Northern Ireland Civil Service is the permanent bureaucracy of employees that supports the Northern Ireland Executive, the devolved government of Northern Ireland.
Kazakhstan – United Kingdom relations were formally established on 19 January 1992. The UK opened an embassy in Kazakhstan in October 1992 and Kazakhstan opened an embassy in the UK in February 1996. Kazakhstan's relations with the West have greatly improved in the last few years as the Government has closely cooperated in the U.S.-led War on Terror.
SelectUSA Investment Summit is a U.S. federal government program founded in 2007 that was aimed at promoting foreign direct investment into the United States, facilitating job creation and economic development. It coordinates investment resources across the federal government and through the U.S. Commercial Service network in over 70 foreign markets. It has a conference that was held by the agency; it is at a federal-level.
Foreign direct investment in Iran (FDI) has been hindered by unfavorable or complex operating requirements and by international sanctions, although in the early 2000s the Iranian government liberalized investment regulations. Iran ranks 62nd in the World Economic Forum's 2011 analysis of the global competitiveness of 142 countries. In 2010, Iran ranked sixth globally in attracting foreign investments.
UK Trade & Investment (UKTI) was a UK Government department working with businesses based in the United Kingdom to assist their success in international markets, and with overseas investors looking to the UK as an investment destination. It was replaced in July 2016 by the Department for International Trade.
The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. Belize's primary exports are citrus, sugar, and bananas. Belize's trade deficit has been growing, mostly as a result of low export prices for sugar and bananas.
The Department for Business, Innovation and Skills (BIS) was a ministerial department of the Government of the United Kingdom. It was created by the Gordon Brown premiership on 5 June 2009 by the merger of the Department for Innovation, Universities and Skills and the Department for Business, Enterprise and Regulatory Reform. It was disbanded by the Theresa May premiership on the creation of the Department for Business, Energy and Industrial Strategy on 14 July 2016.
The Lithuanian Development Agency was a non-profit organization owned by the Ministry of Economy of the Republic of Lithuania. It was the main national institution in charge of attracting foreign investments to Lithuania, increasing exports of Lithuanian goods and services, and developing the attractive economic image of the country abroad. The agency was founded in 1997. It employed more than 60 professionals and had two representative offices abroad. It was ranked as top 12 among 181 governmental agencies in providing accurate and speedy information to potential investors.
Based in Washington, D.C., the Global Business Alliance (GBA) formerly known as the Organization for International Investment (OFII) is a trade association representing the interests of US subsidiaries of overseas corporations. OFII advocates for non-discriminatory treatment in the United States for its member companies.
The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and provide services to domestic and international investors and businesses.
The Trade Delegation (Representation) of the Russian Federation in the United Kingdom of Great Britain and Northern Ireland is a state institution ensuring foreign economic interests of the Russian Federation in the United Kingdom. It is an integral part of the Diplomatic Mission of the Russian Federation in the UK. The Delegation acts under political guidance of the Ambassador of the Russian Federation in the United Kingdom. General governance of its activities is carried out by the Ministry of Economic Development of the Russian Federation. The Trade Delegation was established on 24 February 1920. It was the first Russian trade representation abroad and it began the history of trade representations of Russia in foreign countries. By now the word “Delegation” still appears in the official English name for the Russian Trade Representative's Office to the UK. The Trade Delegation is headed by the Trade Representative who is appointed by the Government of the Russian Federation upon recommendation by the Ministry of Economic Development agreed with the Ministry of Foreign Affairs of the Russian Federation.
The Department for Business, Energy, and Industrial Strategy (BEIS) was a ministerial department of the United Kingdom Government, from July 2016 to February 2023.