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Free AccessSefcovic: EU Will Not Renegotiate NI Protocol
European Commission VP Maros Sefcovic has issued a statement saying that the EU will not renegotiate the protocol despite today's 'command paper' from the UK gov't calling for just that.
- Link to statement: https://ec.europa.eu/commission/presscorner/detail...
- "The EU has sought flexible, practical solutions to overcome the difficulties citizens in Northern Ireland are experiencing regarding the implementation of the Protocol."
- "We will continue to engage with the UK, also on the suggestions made today. We are ready to continue to seek creative solutions, within the framework of the Protocol, in the interest of all communities in Northern Ireland. However, we will not agree to a renegotiation of the Protocol."
- Sefcovic's statement not a surprise, with the EU frequently stating that the Withdrawal Agreement is a finalised document that cannot be re-written.
- Relations now come down to a staring match up until end-Sep, when grace period on GB-NI chilled meat trade expires. Either UK will unilaterally withdraw from protocol, invoke Art.16, acquiesce to continued customs checks, or the EU will allow a renegotiation.
To read the full story
Sign up now for free trial access to this content.
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.