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

Questcorp Wraps Expanded Drone Survey at La Union as Summer Drilling Approaches

Altamira Gold Extends Maria Bonita Footprint with 110 Metre Step-Out

Related News

EU Tries to Find Middle Ground with Vehicles that Run Only On E-Fuels

The European Commission seeks to create a new vehicle category that’s somewhere between internal combustion...

Thursday, March 23, 2023, 10:58:16 AM

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

EU Is Now Moving To Build Critical Minerals Stockpile

The EU plans to create a central body to coordinate the purchasing and stockpiling of...

Friday, November 21, 2025, 09:41:00 AM

Canada Rushes to Save Keystone XL Pipeline Before Biden Administration Cancels it

Top officials in the oil-producing provinces of Alberta and Saskatchewan have called on the Trudeau...

Wednesday, January 20, 2021, 10:26:00 AM

Pressure Builds On Biden After Cartel-Related Deaths As Congress Wants US Troops In Mexico

The kidnapping of four US nationals in Mexico this week, which resulted in the deaths...

Wednesday, March 8, 2023, 12:43:00 PM