Stock market crashes

Northern Ireland to remain in single market under Boris plan

Just like that: Boris Johnson promised he will get Brexit done

Northern Ireland will remain in the single market but leave the customs union, which governs tariffs, under Boris Johnson’s ‘compromise’ deal put to the EU today.

The Northern Ireland Assembly, currently suspended, would have to approve the arrangements first and be able to vote every four years on whether to keep them.

The European Commission said it will examine the proposals, and the DUP saw some benefits, but the government in Dublin was sceptical.

 Mr Johnson’s proposals are for “all-island regulatory zone”, as indicated at the weekend, and would mean Northern Ireland following EU rules for goods.

There would be additional checks on goods moving between Great Britain and Northern Ireland, but no further checks on goods entering Northern Ireland from Ireland.

However, Northern Ireland would leave the EU customs union with the rest of the UK, so there would have to be new customs checks between North and South.

Leave a Reply

Your email address will not be published. Required fields are marked as *

This site uses Akismet to reduce spam. Learn how your comment data is processed.