AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

BELFAST: The European Union will not renegotiate post-Brexit trade arrangements in Northern Ireland but wants to ease supply issues there, commission Vice-President Maros Sefcovic said on Friday on a tour of the UK province.

Sefcovic said the so-called Northern Ireland protocol was “the only solution” allowing trade between the UK and EU following Britain’s withdrawal from the bloc’s single market and customs union at the start of the year.

It mandates checks on goods crossing the Irish Sea from mainland Britain — England, Scotland and Wales — and was agreed by London last year as part of its drawn-out divorce from the EU.

“A renegotiation of the protocol — as the UK government is suggesting — would mean instability, uncertainty and unpredictability in Northern Ireland,” Sefcovic argued in a speech at Queen’s University Belfast.

“Instead, let’s see what can be done to further ease the supply of goods,” he added, in a nod to business and trading issues that have emerged since the arrangements came into force on January 1.

“The protocol is not the problem. On the contrary, it is the only solution we have. Failing to apply it will not make problems disappear, but simply take away the tools to solve them.”

Sefcovic’s comments come the day after the leader of Northern Ireland’s biggest party suspended cooperation with Dublin and warned he might collapse its devolved government in protest at the post-Brexit rules.

Democratic Unionist Party (DUP) leader Jeffrey Donaldson demanded “significant and substantial changes” to the protocol, warning the province’s political institutions “will not survive a failure to resolve the problems” it has caused.

Comments

Comments are closed.