Johnson dismisses risk of EU retaliation over plans to change Northern Ireland protocol & More Trending News

Boris Johnson has dismissed the risk of retaliation from the European Union after his authorities introduced plans to unilaterally rip-up the central parts of the Northern Ireland protocol. Foreign secretary Liz Truss informed MPs she would introduce laws inside weeks to change the measures agreed within the treaty with a system that will take away the EU’s position.

“Our proposed solution would meet both our and the EU’s original objectives for the protocol. It would address the frictions in East-West trade, while protecting the EU single market and the Belfast Good Friday Agreement,” she mentioned.   “The challenge is that this solution requires a change in the protocol itself, as its current drafting prevents it from being implemented, but the EU’s mandate does not allow the protocol to be changed.”

The Bill would create a brand new inexperienced channel permitting all items British suppliers say are destined just for Northern Ireland to enter from Britain with out checks, with a crimson channel for items that may transfer into the European single market. Goods made in Northern Ireland would not be required to adjust to EU requirements so long as they accord with British ones.

The protocol’s guidelines on VAT and state help could be scrapped and the European Court of Justice (ECJ) would not have any position in adjudicating disputes.

 “We don’t want to nix it, we want to fix it and we will work with our EU partners to do it,” Mr Johnson mentioned, dismissing the menace of commerce sanctions from Brussels.

“I don’t think that is likely but what we have to fix is the problems with the Northern Ireland politics situation where you can’t get the Executive up and running right now. In the past we have done all sorts of things to fix that. We need to address the problems with the protocol.”

 Labour’s Stephen Doughty mentioned the federal government was risking a commerce conflict at a time when the British financial system was fragile.

 “It is Cornish fisherman, Co Down farmers and Scotch whisky makers who will lose out, holding back the economy while growth forecasts are already being revised down,” he mentioned.

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