House Memorial 59 requests that the appropriate interim legislative committee in New Mexico study the potential benefits of establishing a formal economic relationship with the Republic of Ireland. The memorial highlights the significant trade between the two regions, noting that U.S. exports to Ireland reached over $24 billion in 2023, while Irish exports to the U.S. totaled approximately $67 billion. It emphasizes the historical ties between New Mexico and Ireland, including the contributions of Irish immigrants and businesses to the state's economy.
The resolution calls for the committee to explore the establishment of a New Mexico-Ireland trade commission aimed at enhancing bilateral trade and investment opportunities. It also encourages the committee to make recommendations for legislative initiatives to be considered in the 2026 legislative session. Copies of the memorial are to be sent to the co-chairs of the New Mexico legislative council and the secretary of economic development.