This memorial 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. It highlights the significant trade between the two regions, noting that in 2023, the U.S. exported over $24 billion in goods to Ireland, while Ireland exported approximately $67 billion to the U.S. The memorial emphasizes the historical ties between New Mexico and Ireland, including cultural and business connections, and suggests that increased bilateral trade and investment could enhance New Mexico's economy and provide access to the European Union for local companies.

The resolution calls for the committee to explore the establishment of a New Mexico-Ireland trade commission aimed at advancing trade and investment opportunities. It also requests that the committee make recommendations for legislative initiatives to be considered in the upcoming legislative session. Additionally, copies of the memorial are to be sent to the co-chairs of the New Mexico legislative council and the secretary of economic development to ensure awareness and support for the proposed study.