Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Irish Brexit border issue could endanger EU-U.S. trade deal - Congressman

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/20/2019 | 05:51am EDT
FILE PHOTO: U.S. House Speaker Pelosi visits Ireland

DUBLIN (Reuters) - An influential U.S. congressman has warned the European Union that any Brexit arrangement that undermines Northern Ireland's 1998 peace agreement could endanger a proposed EU-U.S. trade deal, the Irish Times reported on Friday.

The European Union last week said it was ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end.

"If America wants a trade agreement with the European Union, which I think is very desirable – I want it – at the same time you are back to the same issue on the border if you do anything that dampens or softens the Good Friday Agreement," Democratic Congressman Richard Neal was quoted as saying.

Neal is visiting Ireland with U.S. House of Representatives Speaker Nancy Pelosi, who on Wednesday said the United States would also not agree to any trade deal with Britain if future Brexit arrangements undermine peace in Ireland, reiterating comments made by the congressman in February.

The European Union has insisted it will not accept any British withdrawal agreement that results in any infrastructure on the border between Northern Ireland and Ireland, something that would anger Irish nationalists and could become a target for militants.

But some British politicians have called on Brussels to soften this demand to get a deal done.

Neal, chairman of the Congressional committee overseeing trade, said any Brexit deal must maintain the sanctity of the peace agreement, the Irish Times reported.

How to keep EU-member Ireland's 500km (350 mile) border with Northern Ireland open after Brexit is proving the most intractable issue in Britain's tortuous efforts to leave the EU.

British Prime Minister Theresa May's government is in talks with the opposition Labour Party to build support for a Brexit divorce deal that parliament has already rejected three times, potentially delaying the UK's departure date from the European Union until the end of October.

Much of the opposition to May's deal within her own party is centred on fears that it would not provide a clean enough break to allow the United Kingdom to forge new trade deals around the world, especially with the United States.

(Reporting by Conor Humphries; Editing by Kirsten Donovan)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
01:01pEU ANTITRUST REGULATORS RAISE CONCERNS ABOUT FACEBOOK'S LIBRA CURRENCY : sources
RE
12:59pSSE to cut energy prices by 6% from October 1, in line with UK price cap
RE
12:53pBOND REPORT : Treasury Yields Edge Up, Stocks Firmer
DJ
12:52pUK expenditure strains budget as Johnson eyes more spending
RE
12:52pScottish budget deficit at seven-year low, but far exceeds UK average
RE
12:48pIsrael, South Korea forge free trade deal
RE
12:43pFutures gain on upbeat Target, Lowe's earnings; Fed minutes eyed
RE
12:36pGlobal Stocks Rise Ahead of Fed Minutes
DJ
12:33pSPIRIT ENERGY : Remit Notification of Unplanned Outage
PU
12:17pTarget raises profit forecast as online sales power second-quarter beat
RE
Latest news "Economy & Forex"
Advertisement