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. 

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

Building a 500,000 Ounce a Year Gold Producer | Patrick Downey – Orezone Gold

Gold Giant Bets $57M on a 4 Million Ounce Target | Matt Manson – Radisson Mining

The Gold M&A Wave Will Create 10-Baggers | Tim Clark – Fury Gold Mines

Recommended

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Related News

Biden Backs Out Of 2024 Presidential Election Race

Joe Biden has officially backed out of the 2024 United States presidential elections. He publicly...

Sunday, July 21, 2024, 02:02:00 PM

California Representative Calls On Biden To Tackle Inflation With A “Bolder Vision And “Faster Action”

In an op-ed published in The New York Times, Ro Khanna, a Democrat representing the...

Sunday, June 5, 2022, 05:22:00 PM

EU Designates X As A Leading Disinformation Source

EU Commission Vice President Vera Jourova has identified the social platform X, formerly known as...

Sunday, October 1, 2023, 11:41:00 AM

US-EU Deal Sees Europe Hit With 15% Tariffs, Spending $1.53T On America

Talks that began with a 30% US threat have ended with a still-punishing 15% blanket...

Monday, July 28, 2025, 02:57:00 PM

Biden Warns Facing Cuban Crisis-Like Nuclear “Armageddon” Despite No Evidence From His Own Government

US President Joe Biden has declared that the threat of nuclear “Armageddon” is peaking, at...

Friday, October 7, 2022, 03:06:00 PM