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UUP Head Calls For NI Protocol Art. 16 Triggering To Pause Snap Election

EU-UK

Leader of the moderate Ulster Unionist Party (UUP) Doug Beattie has called on the UK gov't to trigger Article 16 of the Northern Ireland Protocol (NIP) in order to pause the snap election due to take place within the next 12 weeks and allow for continued talks between the EU and UK on the future of the protocol.

  • Beattie: "Something needs to change. The opportunity exists to pause the calling of an election and allow negotiations between [...] the UK and EU to continue in earnest. We believe that the time is right for the UK to trigger Article 16 of the Northern Ireland Protocol to facilitate this."
  • Article 16 allows the unilateral disapplication of the protocol if it "...leads to serious economic, societal, or environmental difficulties that are liable to persist."
  • The UK Secretary of State for Northern Ireland Chris Heaton-Harris is legally bound to call a snap election for the NI Assembly within the next 12 weeks following the failure of parties to form a new power-sharing executive.
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBank Of England (BOE) Market NewsBulletUKMarketsFixed Income BulletsForeign Exchange Bullets

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