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Free AccessFrost, Sefcovic To Meet Virtually This Week To Talk NI Protocol: Guardian
The Guardian is reporting that UK Cabinet Office minister Lord Frost will meet with European Commission Executive VP Maros Sefcovic this week to discuss the implementation of the Northern Ireland protocol under the Brexit Withdrawal Agreement.
- In-person talks early last week failed to reach any agreement, with the talks being described by Frost as neither 'a breakthrough nor a breakdown'.
- A new set of customs checks are due to be implemented from 30 June, with chilled meats being transported from Great Britain to Northern Ireland due to be affected. The UK gov't has indicated it may unilaterally extend the grace period on these products, thereby avoiding checks.
- However, the EU has threatened retaliation if this is followed through on, given that it breaches the Trade and Cooperation Agreement and would be seen as a threat to the single market given GB exports could make it to the Republic of Ireland with no customs/PSP check.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.