Wednesday, May 20, 2026

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. 

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

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Power Metallic Pushes Deeper Into Saudi Arabia With Amaar Mining Tie-Up

Canada Confirms First Hantavirus Case Linked to MV Hondius Cruise Ship Outbreak

Related News

Biden To Sell Additional 26 Million Barrels From Reserve, Thanks To Obama

US President Joe Biden’s administration intends to sell more crude oil, with 26 million barrels...

Tuesday, February 14, 2023, 10:47:00 AM

No ID, No Trading: EU Now Requires Identification For All Crypto Transactions

The Council of the European Union has given final approval to the Markets in Crypto...

Wednesday, May 17, 2023, 11:31:00 AM

Campaign Promise Broken: Biden Administration OKs Willow Project

The Biden administration has approved the huge Willow oil drilling project in Alaska, infuriating environmentalists...

Tuesday, March 14, 2023, 04:28:00 PM

Biden Is Going Against Pollution To Push EV Shift

The Biden administration is on track to propose the strictest car pollution regulations ever proposed...

Sunday, April 9, 2023, 11:16:00 AM

EU Lawmakers Streamline Carbon Border Tax, Exempt 90% of Importing Companies

European Union lawmakers voted overwhelmingly to simplify the bloc’s carbon border tax rules, exempting 90%...

Thursday, July 3, 2025, 10:57:00 AM