Free Trial
BONDS

MONTH END EXTENSIONS

SOY TECHS

(X2) Testing The Range Base

EUR

EURCHF hits lowest level since March

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: EC Urges UK Not To Take Unilateral NIP Approach

(MNI) London
(MNI) London

Brussels will comment on latest UK moves following Westminster speech by senior UK Government minister later Tuesday.

True

The EU Commission has again urged the UK government to engage with it on efforts to make the Northern Ireland Protocol more flexible rather than adopting a unilateral approach. The comments Tuesday come ahead of a speech by Foreign Secretary Liz Truss, in which she is expected to call for the disapplication of the Protocol.

The spokesperson said that the Commission would issue a statement following the speech by Truss this afternoon, adding there remained scope for EU-UK talks to make progress on the basis of the proposals made by the Commission last October, which aimed to inject greater flexibility into rules affecting trade between the UK mainland and Northern Ireland.

Keep reading...Show less
159 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The EU Commission has again urged the UK government to engage with it on efforts to make the Northern Ireland Protocol more flexible rather than adopting a unilateral approach. The comments Tuesday come ahead of a speech by Foreign Secretary Liz Truss, in which she is expected to call for the disapplication of the Protocol.

The spokesperson said that the Commission would issue a statement following the speech by Truss this afternoon, adding there remained scope for EU-UK talks to make progress on the basis of the proposals made by the Commission last October, which aimed to inject greater flexibility into rules affecting trade between the UK mainland and Northern Ireland.

Keep reading...Show less