• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsJoe Biden

President Biden cheers Northern Ireland’s economy after the Good Friday Agreement and dangles the chance of more US investment

By
Colleen Long
Colleen Long
,
Darlene Superville
Darlene Superville
,
Jill Lawless
Jill Lawless
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Colleen Long
Colleen Long
,
Darlene Superville
Darlene Superville
,
Jill Lawless
Jill Lawless
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 12, 2023, 1:26 PM ET
President Joe Biden delivers his keynote speech at Ulster University in Belfast, Northern Ireland, Wednesday, April 12, 2023.
President Joe Biden delivers his keynote speech at Ulster University in Belfast, Northern Ireland, Wednesday, April 12, 2023. Aaron Chown/PA via AP

President Joe Biden said Wednesday that Northern Ireland must “not go back” to the violence that scarred it for years before a U.S.-brokered peace deal 25 years ago, nudging politicians to resolve a political crisis that has left this part of the United Kingdom without a functioning government.

Speaking of the economic growth Northern Ireland has experienced since the Good Friday Agreement ended 30 years of sectarian bloodshed, Biden said: “It’s up to us to keep this going.”

On his first presidential visit to Northern Ireland, Biden dangled the prospect of more American investment to help fuel economic growth — especially if Belfast’s fractious politicians resolve a stalemate that has put their government on pause.

“The simple truth is that peace and economic opportunity go together,” Biden said during a speech at Ulster University’s new campus in Belfast. He said the glass-clad downtown building would have been unthinkable during the years of bombings and shootings known as “The Troubles.”

“Where barbed wire once sliced up the city, today we find a cathedral of learning, built of glass,” he said.

Noting that Northern Ireland’s total economic output had doubled in the quarter-century since the Good Friday peace deal was signed in April 1998, Biden urged people in Northern Ireland to “sustain the peace, unleash this incredible economic opportunity, which is just beginning.”

Biden urged all political parties to get back to work, saying “democracy needs champions” and that Northern Ireland’s future is in their hands.

“I hope the assembly and the executive will soon be restored,” he said. “That’s a judgement for you to make, not me, but I hope it happens.”

Biden’s visit was timed to mark the anniversary of the Good Friday accord, which the U.S. was key to striking. Biden credited people who were willing to “risk boldly for the future” by reaching the agreement, reminding the audience that “peace was not inevitable.”

Referring to a February gun attack on a senior police officer — blamed by authorities on Irish Republican Army dissidents opposed to the peace process — Biden said “the enemies of peace will not prevail. Northern Ireland will not go back, pray God.”

While peace has endured, Northern Ireland has been without a functioning government since the Democratic Unionist Party, which formed half of a power-sharing government, walked out a year ago over a post-Brexit trade dispute.

Biden met briefly before his speech with the leaders of the DUP and Northern Ireland’s four other main political parties.

Biden has faced mistrust from pro-British unionists because of his Irish American heritage. Sammy Wilson, a DUP lawmaker in the U.K. Parliament, told Talk TV that Biden “has got a record of being pro-republican, anti-unionist, anti-British” — a claim the White House firmly denied.

Biden’s speech carefully navigated Northern Ireland’s complex political currents, referring to both his British and his Irish ancestry, and noting the contribution to the U.S. of largely Protestant Ulster Scots as well as Irish Catholics like his own forebears.

Such things don’t go unnoticed in Northern Ireland. DUP leader Jeffrey Donaldson said Biden’s “reference also to his own British ancestry I think indicates hopefully that we have a president that recognizes the United Kingdom is a close ally and friend of the United States.”

But Donaldson doubted whether the president’s visit would “change the political dynamic.”

“I am clear what needs to happen to make the progress that we all desire — and that is that Northern Ireland’s place within the United Kingdom is both respected and protected, and we want to see that in law,” he said.

Michelle O’Neill from Irish nationalist party Sinn Fein said Biden had “sent a clear message to the DUP” about the need to get back to work.

Biden also had tea with U.K. Prime Minister Rishi Sunak during his Belfast stopover. The president spent less than 24 hours in Northern Ireland before moving on to the Republic of Ireland to begin a three-day visit, scheduled to include an address to the Dublin parliament, attendance at a gala dinner and trips to two ancestral hometowns.

U.K. officials denied that the brevity of the visit amounted to a snub. Sunak said he and Biden had a “very good discussion” about investment in Northern Ireland, along with foreign policy issues.

“We’re very close partners and allies. We cooperate on a range of things,” Sunak said.

Northern Ireland’s political crisis stems, in part, from Brexit. Britain’s departure from the European Union left Northern Ireland poised uneasily between the rest of the U.K. and EU member Ireland and put the peace agreement under increased strain.

After much wrangling, Britain and the EU struck a deal in February to address the tensions over trade, eliminating many of the customs checks that had irked businesses and angered unionists. The Democratic Unionist Party, though, says the agreement doesn’t go far enough to address concerns about Northern Ireland’s place in the U.K., and has refused to return to government.

Biden, who has urged Britain and the bloc to put Brexit squabbling behind them, praised U.K. and EU leaders for trying to sort out the “complex challenges” created by Brexit.

Neil Given, a civil servant who lives in Belfast, welcomed Biden’s visit but said his “expectations are not great” that it would unblock the political logjam.

“We have prevaricated for well over a year now, and ever since the signing of the Good Friday Agreement there have been numerous stoppages of the institutions of Stormont,” he said. “Whether or not Mr. Biden’s visit can in 24, 48 hours pull people together and perhaps get a message we really do need to get back to government, I don’t know.

“But hopefully he can do that. I know there is no more powerful person certainly to be over that can give out that message.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Colleen Long
See full bioRight Arrow Button Icon
By Darlene Superville
See full bioRight Arrow Button Icon
By Jill Lawless
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Politics

BankingCredit cards
Trump calls for one-year cap on credit card rates at 10%
By Romy Varghese and BloombergJanuary 10, 2026
3 hours ago
PoliticsRepublican Party
Fractures start to show in Trump’s GOP as some Republicans push back on Greenland, Venezuela, and health care
By Stephen Groves and The Associated PressJanuary 9, 2026
8 hours ago
EconomyVenezuela
Facing a 682% inflation rate, Venezuelans work three or more jobs and still can barely afford any food. ‘Everything is so expensive’
By Regina Garcia Cano, Matt Sedensky and The Associated PressJanuary 9, 2026
8 hours ago
Secretary of State Marco Rubio looks on as US President Donald Trump speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida.
EnergyDonald Trump
Trump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms
By Jordan BlumJanuary 9, 2026
8 hours ago
FBI
LawMinnesota
Minneapolis shooter revealed as Jonathan Ross, Iraq War veteran with nearly two decades of Border Patrol, Immigration experience
By Ryan J. Foley and The Associated PressJanuary 9, 2026
9 hours ago
bessent
BankingMinnesota
Bessent’s visit to Minnesota comes with more vows to crack down on fraud as tensions flare with state, Somalia government
By Fatima Hussein and The Associated PressJanuary 9, 2026
9 hours ago

Most Popular

placeholder alt text
North America
Bill Gates warns the world is going 'backwards' and gives 5-year deadline before we enter a new Dark Age
By Eleanor PringleJanuary 9, 2026
18 hours ago
placeholder alt text
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighJanuary 8, 2026
2 days ago
placeholder alt text
Workplace Culture
Amazon demands proof of productivity from employees, asking for list of accomplishments
By Jake AngeloJanuary 8, 2026
2 days ago
placeholder alt text
Politics
White House says it's 'reviewing protocols' after Trump seemingly violated federal policy by disclosing jobs data early
By Eva RoytburgJanuary 9, 2026
13 hours ago
placeholder alt text
Crypto
Russia and Iran are increasingly turning to crypto—especially stablecoins—to avoid sanctions, report finds
By Carlos GarciaJanuary 8, 2026
2 days ago
placeholder alt text
Real Estate
Google billionaire Larry Page copies the Jeff Bezos playbook, buying a $173 million Miami compound that will save him millions in taxes
By Nick LichtenbergJanuary 8, 2026
1 day ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.