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Free AccessSefcovic: EU 'Patience Wearing Thin' With UK
Comments emerging from EU Commission VP Maros Sefcovic following his meeting with UK Cabinet Office minister Lord Frost earlier today. Much more downbeat in tone compared to Frost's more neutral remarks.
- Says that the EU is "at a crossroads with our relationship with the UK. Trust needs to be restored". Says EU will react "swiftly, firmly and resolutely" if grace period on chilled meat trade from GB to NI is extended unilaterally.
- Says EU will look at "the suspension of cooperation in certain sectors" and "tariffs could come into play", adding: "Our patience is wearing thin and therefore we have to assess all options… of course we are talking about cross retaliation, we do not want this to happen".
- Sefcovic says it is hard to understand why the UK will not support a Swiss-style sanitary and phytosanitary agreement when that is what businesses in Northern Ireland want. Says that it is 'tangible, credible, easy to do and could be accomplished very quickly'. Says that on the UK side "ideology prevails over what's good and important"
To read the full story
Sign up now for free trial access to this content.
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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.