Ibec held its annual St. Patrick’s Day celebration at the European Parliament, bringing together more than 300 guests.

The event, hosted by Seán Kelly MEP, welcomed European Parliament President Roberta Metsola as the guest of honour.

Also in attendance were Michael McGrath, Commissioner for Democracy, Justice, the Rule of Law, and Consumer Protection, along with Caít Moran, Deputy Permanent Representative of Ireland to the EU, and several Members of the European Parliament.

During the event, Ibec highlighted Ireland’s strategic role within the EU in fostering a "reset" in EU-US trade relations.

The organisation stressed that tariffs ultimately burden consumers and businesses across Ireland, the US, and the EU, and that a free and fair trading relationship has been a key driver of economic growth on both sides of the Atlantic.

Currently, transatlantic trade is valued at $1.3 trillion.

Ibec CEO Danny McCoy said: "We are delighted to welcome President Roberta Metsola and esteemed representatives from the European Commission, Parliament and Permanent Representation of Ireland to the EU to our Patrick’s Day celebration.

“This event is not only about celebrating our Irish heritage but also about reinforcing Ireland’s role as a key influencer within the EU and a bridge between Europe and the US—an increasingly vital position as Ireland prepares to assume the EU Presidency in 2026.

“Ireland must continue to work closely with EU partners and the US administration to tackle key geo-political challenges we face, while driving the changes needed to propel the EU economy forward, particularly in areas such as AI, energy and general competitiveness.”

Pat Ivory, Director of EU and International Affairs at Ibec said: "While businesses are navigating an increasingly complex regulatory landscape, along with energy challenges and cost pressures, they remain committed to driving new innovation and economic growth across the EU.

“However, this commitment must be matched by addressing the competitiveness deficits outlined in the Mario Draghi report and delivering on the Competitiveness Compass.

“We need to streamline legislation, strengthen the European Single Market, foster innovation in key sectors such as AI, and address critical energy concerns.

“Maintaining open trade and investment policies while avoiding damaging tariff disputes with key partners is essential for long-term economic success for the EU."

Seán Kelly MEP remarked: “Ireland’s place in Europe has evolved significantly since we joined in 1973.

“No longer a net recipient of EU funds, we are now a net contributor -  which remain small compared to the immense benefits of EU membership.

“As Ireland prepares to assume the Presidency of the Council of the European Union, we can already see that we will do so at a pivotal moment.

“Challenges lie ahead, but our preparations are well advanced.

“As a small, open economy, Ireland has built a strong reputation for global trade. Now, we must reinforce our role as a bridge between Europe and the world—expanding markets, strengthening partnerships, and ensuring economic resilience.”