Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

DUP says Northern Ireland will leave EU on same terms as rest of UK

Published 20/11/2017, 20:14
Updated 20/11/2017, 20:14
© Reuters. Arlene Foster, Northern Ireland's First Minister attends a fringe event at the Conservative Party Conference in Manchester

By Ian Graham

BELFAST (Reuters) - The head of the Democratic Unionist Party said on Monday Northern Ireland would leave the EU on the same terms as the rest of the United Kingdom, rebuffing a suggestion from the bloc that the region remain subject to some of its rules.

Brussels has said it will not move to the second phase of Brexit talks with Britain until London provides additional detail of how it will guarantee that there be no hard border between Ireland and Northern Ireland.

Chief EU Brexit negotiator Michel Barnier on Monday asked the British government to detail what specific EU rules it would retain in Northern Ireland to ensure regulatory equivalence between the region and the Irish Republic and thus avoid the need for a hard border.

But the head of the DUP, whose votes the government of British Prime Minister Theresa May is dependent on to pass legislation, repeated her rejection of the suggestion on Monday, saying she would not create barriers to business with the rest of the United Kingdom to allow smooth trade with Ireland.

"Northern Ireland will exit the EU on the same terms as the rest of the United Kingdom," Arlene Foster said in a statement ahead of a meeting with May on Tuesday morning.

"We will not countenance a border in the Irish Sea. I welcome the Prime Minister’s commitment on this."

The EU has said the UK needs to come forward with concrete proposals on the Irish border and on what past financial commitments it will honour by early December if EU leaders are to declare at their Dec. 14-15 summit that enough has been achieved to start talks on a transition period and a trade deal.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Britain is scheduled to leave the bloc in March 2019.

Foster said the EU's stance on Northern Ireland amounted to blackmail.

"Those in Dublin and Brussels, recklessly trying to use Northern Ireland for their own objectives, should cease," she said in the statement. "The Prime Minister should warn Brussels that Northern Ireland must not be used as blackmail.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.