AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)

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.