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Government seeks out US opportunities

Government seeks out US opportunities

Tuesday 11 June 2019

Government seeks out US opportunities

Jersey's Deputy Chief Minister has swapped the States Assembly for the United States, as he attends a summit in Washington DC this week in a bid to drive inward investment.

Senator Lyndon Farnham is leading a small delegation to the Select USA Inward Investment Summit, a flagship event run by the United States Department of Commerce.

The summit attracts global attendees, including senior US officials, Governor-level representation from many US states, and trade-focused bodies from all states.

This is the first time Jersey has attended the event, which government officials say reflects a commitment to the island’s strategic relationship with the USA.

Senator Farnham will be meeting business leaders, US officials and Economic Development representatives from across the USA, and will in particular aim to continue dialogue with New Jersey. He said the island is attending this three-day event "to increase the visibility of the island in the US market."

“I will be working to develop our access to US decision makers, and to support the work of Jersey Business by encouraging business flows between Jersey and the U.S," Senator Farnham added. "We have longstanding historical connections with the State of New Jersey and I look forward to further strengthening these during the Summit.”

The USA is Jersey’s third fastest growing market region in Financial Services, and Jersey Finance is opening a North America office in New York later this year.

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