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Thursday, 15 November 2018 11:00

EU and UK negotiators agree on the Irish 'backstop'

EU and UK negotiators agree on the Irish 'backstop'

The European Commission and the United Kingdom's negotiators have reached an agreement on the entirety of the Withdrawal Agreement of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, as provided for under Article 50 of the Treaty on European Union, Caspian Energy News (www.caspianenergy.net) reports with reference to the press statement of the European Commission.

The Withdrawal Agreement provides for a transition period until the end of 2020, which is set to end on 31 December 2020.

The EU and UK negotiators have agreed in full on the terms of the Protocol on Ireland and Northern Ireland. The Protocol includes all the provisions on how the so-called “backstop” solution for avoiding a hard border between Ireland and Northern Ireland would work. This forms part of the overall Withdrawal Agreement and will apply unless and until it is superseded, in whole or in part, by any subsequent agreement. Both the EU and the UK will use their best endeavours to conclude and ratify a subsequent agreement by 1 July 2020.

As part of the Protocol, a single EU-UK customs territory is established from the end of the transition period until the future relationship becomes applicable. Northern Ireland will therefore remain part of the same customs territory as the rest of the UK with no tariffs, quotas, or checks on rules of origin between Northern Ireland and the rest of the UK.

The Protocol also sets out the UK's commitment to no diminution of rights as set out in the Good Friday (Belfast) Agreement 1998, and provides for the continuation of the Common Travel Area arrangements between Ireland and the United Kingdom. It ensures that the necessary conditions for continued North-South cooperation are maintained, and preserves the Single Electricity Market on the island of Ireland.

This agreement addresses in full the unique circumstances on the island of Ireland.

More details:

http://europa.eu/rapid/press-release_MEMO-18-6422_en.htm

http://europa.eu/rapid/press-release_MEMO-18-6423_en.htm

 

Person in charge of the newsline: Olga Nagiyeva  

EU and UK negotiators agree on the Irish 'backstop'

 

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