New UK PM Rishi Sunak Looks To Settle Outstanding Issues Over Northern Island And The EU

Britain’s newly installed Prime Minister Rishi Sunak spoke with US President Joe Biden on the phone Tuesday evening, and among the topics the leaders discussed were the outstanding issues over Northern Ireland and the European Union.

A statement released by Downing Street said that “the Prime Minister and President Biden also agreed on the need to ensure the people of Northern Ireland have security and prosperity through preserving the Belfast (Good Friday) Agreement.”

The topic of Northern Ireland and the Irish border is among a number of issues that remain unresolved since Britain’s exit from the European Union on January 1, 2021. 

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

The Good Friday Agreement, which ended sectarian conflict in Northern Ireland, established Belfast’s current system of government and essentially abolished visible signs of the Irish border, is now in jeopardy after the British government introduced legislation earlier this year seeking to change the original Brexit agreement, which European Union officials say would also breach international law.

The bill, which was passed in the lower house, is now being debated in the upper house of Parliament, while former PM Liz Truss restarted talks to resolve the matter with the EU during her short tenure. Taking over after Truss, Sunak is expected to take a more “pragmatic” approach to the Northern Ireland protocol, compared to predecessors Truss and Boris Johnson. 

According to the Irish Times, a common view in the Irish Government is that the new PM — whose primary focus will be the economy: stabilizing the pound and cutting down borrowing costs on the international markets, and addressing public finances — will want to avoid any conflict that would risk a trade war with the EU. 

Sunak himself said in May that he favors a negotiated settlement. “Our preference has always been to have a negotiated settlement,” Sunak told Bloomberg. “What we need to see is a degree of flexibility.”


Information for this briefing was found via Axios, The Irish Times, CNBC, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

Northmin Wins Competitive Bid for Historic Keel Zinc-Silver-Lead Deposit in Ireland

Brixton Hits 348 g/t Silver Over 23.5 Metres as Langis Shaft 6 Southeast Zone Extends South

Related News

EU Votes To Limit Crypto Transactions Of Unverified Users At €1,000 While “BitMan” Lit Up The Eurotower With Bitcoin Logo

EU lawmakers voted to impose a €1,000 restriction on cryptocurrency transactions if the customer cannot...

Friday, March 31, 2023, 03:56:00 PM

Biden Pledges $775 Billion Towards Universal Child and Elder Care

As the US presidential election approaches, candidates have been rampantly shelling out ideas from their...

Wednesday, July 22, 2020, 07:59:00 PM

Man Sues President Biden for $500 Billion, Also Demands $100 Billion from Taylor Swift

A man previously charged with stalking superstar Taylor Swift has filed a lawsuit against President...

Friday, April 12, 2024, 02:11:00 PM

Brex…In? UK and EU Cozy Up as Trump Turns Up the Tariffs

In what could be a possible love-is-sweeter-the-second-time-around moment, the UK and the EU are poised...

Tuesday, April 29, 2025, 02:12:00 PM

Europe Stakes Its Claim in Space with Rival to Starlink

The European Union signed contracts on Monday for a €10.6 billion satellite project aimed at...

Tuesday, December 17, 2024, 02:10:00 PM