Connect with us

Hi, what are you looking for?

Editor’s Pick

Johnson to unveil plans to scrap parts of NI Protocol agreed with EU

Boris Johnson will later publish plans to scrap parts of the post-Brexit deal he struck with the EU in 2020.

The PM wants to change the Northern Ireland Protocol to make it easier for some goods to move between Britain and Northern Ireland.

But the EU is against the move, saying it would break international law.

The UK insists its proposals – to be set out in a parliamentary bill – are legal and will secure the future of the United Kingdom.

The two sides agreed the protocol as they strived to maintain peace in Ireland – including the open Irish border – following Brexit.

Fifty two members of the 90 strong Northern Ireland Assembly, including those from Sinn Féin, the Alliance and the SDLP, have written to the prime minister to say they “reject in the strongest possible terms your government’s reckless new protocol legislation”. No unionist assembly members signed the letter.

Irish Prime Minister Micheál Martin has called for negotiations between the UK and EU to deal with the impasse.

He described the UK government’s decision to change the protocol as a “low point”, which was “very regrettable”.

The Republic of Ireland is still part of the EU’s single market for goods and services, which the UK has left.

Rather than impose a hard border – involving checks on goods and people moving between Northern Ireland and the Irish Republic – the protocol introduces checks on some goods travelling from Great Britain (England, Scotland and Wales) to Northern Ireland.

The Democratic Unionist Party (DUP), which won the second-most seats in the recent Northern Ireland Assembly elections, argues this creates a divide that could lead to the break-up of the UK.

It is refusing to set up a new ruling Northern Ireland executive with Sinn Féin, which won most seats in the elections and accepts the protocol, until changes are made to the wording.

The UK government, despite signing up to the agreement in January 2020, has also raised concerns, prompting the publication of its bill later on Monday.

Foreign Secretary Liz Truss said she wanted to “fix the problems with the Northern Ireland Protocol and restore political stability”, adding that Brussels must be “willing to change”.

But European Commission Vice-President Maros Šefčovič tweeted that the UK’s actions were “damaging to mutual trust and a formula for uncertainty”.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

Follow us on Spotify BusinessWorld B-Side The Filipino workforce is gradually adapting to a work environment that has been changed forever due to the pandemic....

News

The Department of Environment and Natural Resources (DENR) has given recognition to volunteers and partners who had significant contribution to the cleanup and rehabilitation...

News

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to publish their stories...

News

Former client, Jennifer Pacquing on her experience with Planning for Canada services. Planning for Canada – Planifier pour le Canada (PfC) is pleased to...

News

Windmills are seen in Pililia, Teresa, Rizal province on April 25. — PHILIPPINE STAR/ MICHAEL VARCAS THE INCOMING Marcos administration should consider the full...

News

THE PHILIPPINE central bank should deliver more aggressive rate hikes in order to curb inflation that is now expected to reach 5% this year,...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Financial Advisors

The healthcare ecosystem is one that has thrived on the cusp of scientific progress, benefitting enormously from the winds of change in the technological...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.