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Free AccessSefcovic-EU Will Accelerate Legal Action W/O UK Remedies For NI Protocol
European Commission Vice-President for Interinstitutional Affairs Maros Sefcovic speaking on EU-UK relations after Brexit. Select comments below:
- "[The] biggest challenge is to rebuild trust and realign the relationship with UK." Sefcovic says that the EU will accelerate legal proceedings without moves from UK to remedy the "violation of the Brexit Withdrawal agreement on Northern Ireland."
- Sefcovic states that he has proposed as Swiss-style agreement on veterinary standards, while saying that the UK's proposal of New Zealand-style equivalence would not allow to avoid most checks on chilled meats.
- "[The EU] can have a temporary agreement until the UK opts for different food standards with another partner."
- Argues that the EU is "ready to move fast" on reaching an agreement but that it won't be easy....Trust is a two way street, and UK is still failing to comply with Northern Ireland protocol so we need to see pathway to compliance."
- Sefcovic's comments come days after a joint article from the UK's point-person on EU relations, Cabinet Office minister Lord Frost and Secretary of State for Northern Ireland Brandon Lewis was published in the Irish Times. The article sparked anger in the Republic and in the EU for - according to Irish Foreign Minister Simon Coveney - stating that the UK gov't was prepared to dismantle the NI protocol.
- The prospect of legal action from Brussels has done little to alter UK gov't policy in the past, and it remains an unlikely prospect that the Johnson gov't will launch into an about-face as a result of Sefcovic's reiteration of this threat today.
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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.