RENEWED FEARS ABOUT BREXIT THREAT TO NORTH AS NEGOTIATIONS ENTER “CRUCIAL WEEK”

5 June 2020 No Comments by The Northern Standard

A report has claimed that both the political stability and economic prosperity of Northern Ireland are under threat from the uncertain outcome of the negotiations between the UK and EU over the form that the British Brexit departure from Europe will take. As what was described as “a crucial week” of renewed post- Brexit trade agreement talks between London and Brussels got underway, the House of Lords EU Committee issued a report which claimed that British businesses could decide that it was “economically unviable to continue operations across the Irish Sea” unless more flexibility was shown by the EU in the trade negotiations.

The report said there was a potent threat to prosperity and stability in the North because of the current uncertainty around the nature of the departure that the UK would make from Europe when the transition period ended. It said the lack of momentum in negotiations could combine with the “shock of the Covid- 19 pandemic” to deliver an adverse outcome for the North. The Northern Ireland Protocol, the mechanism designed to ensure that the Border….

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