Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Trading
    3. >EU hopes to solve Northern Ireland’s Brexit trade issues by year-end
    Trading

    EU Hopes to Solve Northern Ireland’s Brexit Trade Issues by Year-End

    Published by maria gbaf

    Posted on September 22, 2021

    2 min read

    Last updated: February 3, 2026

    Add as preferred source on Google
    Maros Sefcovic, the EU's post-Brexit coordinator, addresses Northern Ireland's trade challenges, emphasizing the need for solutions by year-end amid ongoing Brexit negotiations.
    EU's Maros Sefcovic discusses Northern Ireland Brexit trade issues - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    The EU plans to resolve Northern Ireland's Brexit trade issues by year-end, focusing on practical solutions within the protocol, while warning the UK against unilateral actions.

    EU Targets Year-End Solution for Northern Ireland Brexit Trade

    By Philip Blenkinsop

    BRUSSELS (Reuters) -The European Union hopes to resolve the trading difficulties of Northern Ireland by the end of the year, the EU’s post-Brexit coordinator said on Tuesday, while warning London against unilaterally suspending the terms of the divorce deal.

    European Commission vice-president Maros Sefcovic, who oversees EU relations with Britain, once again rejected a British demand to renegotiate the protocol governing Northern Ireland’s trading position.

    However, he said wanted to find solutions within the protocol to free up the movement of goods to the British province.

    “We should do our utmost to resolve all outstanding issues before the end of the year, so that’s the timeframe within which we work,” Sefcovic told reporters after a meeting with national EU ministers in Brussels.

    He said the bloc wanted to focus on the practical problems faced by people and businesses in Northern Ireland.

    Under the protocol, Britain agreed to leave some EU rules in place in Northern Ireland and accept checks on goods arriving from elsewhere in the United Kingdom, in order to preserve an open land border with EU member state Ireland.

    However, the arrangement has effectively placed a border in the Irish Sea, angering pro-British unionists who believe it divides them from the rest of the United Kingdom.

    Sefcovic’s British counterpart David Frost has raised the prospect of triggering “Article 16” of the protocol, which allows either side to dispense with its terms if they are proving unexpectedly harmful.

    Sefcovic said it would be “extremely unhelpful” if Britain did so, adding that the European Union would then look into all options in response.

    “But, as I said, we definitely hope that we would avoid that scenario because I think that, first and foremost, the best outcome for the people in Northern Ireland would be a solution and not further tensions or confrontations,” he said.

    (Reporting by Philip Blenkinsop, John Chalmers, Sabine Siebold, Gabriela Baczynska; Editing by Alison Williams)

    Key Takeaways

    • •EU aims to resolve Northern Ireland trade issues by year-end.
    • •Maros Sefcovic rejects UK's demand to renegotiate the protocol.
    • •Focus on practical solutions within the existing protocol.
    • •Article 16 could be triggered if terms prove harmful.
    • •EU warns against unilateral suspension by the UK.

    Frequently Asked Questions about EU hopes to solve Northern Ireland’s Brexit trade issues by year-end

    1What is the main topic?

    The main topic is the EU's efforts to resolve Northern Ireland's Brexit trade issues by the end of the year.

    2What is Article 16?

    Article 16 allows either side to suspend parts of the Northern Ireland protocol if they are causing unexpected harm.

    3Who is Maros Sefcovic?

    Maros Sefcovic is the European Commission vice-president overseeing EU relations with Britain.

    More from Trading

    Explore more articles in the Trading category

    Image for What Is Goat Funded Trader and How Does It Work?
    What Is Goat Funded Trader and How Does It Work?
    Image for SV-Alan.com Highlights Growing Demand for Trading Platforms Amid Market Volatility
    SV-Alan.com Highlights Growing Demand for Trading Platforms Amid Market Volatility
    Image for Brokerage brand Octa changing ownership: Main highlights
    Brokerage Brand Octa Changing Ownership: Main Highlights
    Image for Nominations Open for Best Multi-Asset Trading Platform South Africa 2026
    Nominations Open for Best Multi-Asset Trading Platform South Africa 2026
    Image for Ziraat Yatırım Menkul Değerler Anonim Şirketi Secures Dual Honors at the 2026 Global Banking & Finance Review Awards®
    Ziraat Yatırım Menkul Değerler Anonim Şirketi Secures Dual Honors at the 2026 Global Banking & Finance Review Awards®
    Image for VPS Securities J.S.C Wins IPO of the Year Vietnam 2026 at the Global Banking & Finance Review Awards®
    Vps Securities J.S.C Wins IPO of the Year Vietnam 2026 at the Global Banking & Finance Review Awards®
    Image for Understand What Is Whipsaw in Trading and How You Can Avoid It?
    Understand What Is Whipsaw in Trading and How You Can Avoid It?
    Image for Committee of SADC Stock Exchanges Wins Best ESG Initiative - Framework for Sustainability & Equality Reporting Africa 2026 by Global Banking & Finance Review®
    Committee of Sadc Stock Exchanges Wins Best ESG Initiative - Framework for Sustainability & Equality Reporting Africa 2026 by Global Banking & Finance Review®
    Image for BIDV Securities Company (BSC) and Mr. Lê Huy Honoured at the 2026 Global Banking & Finance Review Awards®
    Bidv Securities Company (bsc) and Mr. Lê Huy Honoured at the 2026 Global Banking & Finance Review Awards®
    Image for Bao Minh Securities Wins Best Investment Research Vietnam 2026 Award by Global Banking & Finance Review®
    Bao Minh Securities Wins Best Investment Research Vietnam 2026 Award by Global Banking & Finance Review®
    Image for Allianz Trade Wins Best Trade Credit Insurance Company Asia Pacific 2026 at the Global Banking & Finance Review Awards®
    Allianz Trade Wins Best Trade Credit Insurance Company Asia Pacific 2026 at the Global Banking & Finance Review Awards®
    Image for OCBC Securities Pte Ltd Celebrates Major Wins at the 2026 Global Banking & Finance Review Awards®
    Ocbc Securities Pte Ltd Celebrates Major Wins at the 2026 Global Banking & Finance Review Awards®
    View All Trading Posts
    Previous Trading PostDollar Edges Lower Ahead of Fed, Evergrande Exhale Lifts Risk-Sensitive Currencies
    Next Trading PostDollar Eases From Near 1-month High as Fed, Evergrande Eyed