British Prime Minister David Cameron has confirmed next year's G8 summit will be held in Lough Erne, Co Fermanagh.

The summit will be held on 17-18 June at the Lough Erne Hotel.

Mr Cameron made the announcement during his PM Direct Sessions meeting with factory workers in Co Armagh.

"I want the world to see just what a fantastic place Northern Ireland is," Mr Cameron said.

The summit will be one of the most high-profile events ever held in Northern Ireland.

Barack Obama will be among those heading for Co Fermanagh, but it will not be the first time a US president has been a guest in the county.

Bill Clinton has visited Enniskillen on a number of occasions and a community centre in the town bears his name.

The last time the G8 summit was held in the United Kingdom was at Gleneagles in Scotland in 2005.

The five-star Lough Erne complex in Enniskillen, opened in 2007, is located on a 600-acre peninsula between Castle Hume Lough and Lower Lough Erne.

The £35m development is now on the market for a third of that figure.

The G8's roots lie in the oil crisis and global economic recession of the early 1970s.

Next year will be the 39th meeting in a series dating back to 1976.

Leaders aim to boost cooperation over trade and finance and strengthen the global economy.

This year the leaders of Britain, Canada, France, Germany, Italy, Japan, Russia and the EU joined US President Barack Obama at Camp David, Maryland.