EU recognizes need for regulatory reduction, says Taoiseach

Taoiseach Micheál Martin stated that there is a growing recognition in the European Union for the need to reduce regulations. He emphasized a shift towards innovation and simplification of rules during an event at the US Chamber of Commerce. Martin highlighted Ireland's commitment to working with the D9+ group of countries to advocate for regulatory changes. He noted that many companies are based in Ireland and that the current regulatory environment is unsatisfactory. He also discussed increasing European defense spending and Ireland's role in it, while maintaining its military neutrality. Martin mentioned the importance of flexibility in visa policies to enhance trade and investment between Ireland and the US.