Britain, EU reach agreement on Northern Ireland post-Brexit trade

Published on February 28, 2023

Current Affairs: Britain and the EU have reached an agreement on new trade rules in Northern Ireland that aim to ease post-Brexit tensions. The deal was announced by British Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen on Monday.

Britain, EU reach agreement on Northern Ireland post-Brexit trade
  • The agreement covers issues such as customs checks, veterinary standards, medicines regulation and state aid. 
  • It also allows for more flexibility and pragmatism in implementing the Northern Ireland Protocol, which was part of the 2019 Brexit Withdrawal Agreement.
  • The Northern Ireland Protocol was designed to avoid a hard border between Northern Ireland, which is part of the UK, and the Republic of Ireland, which is part of the EU. However, it also created trade barriers between Northern Ireland and the rest of the UK, leading to protests and violence by some unionist groups who felt betrayed by London.
  • Both sides hope that the new agreement will restore stability and trust in Northern Ireland, as well as preserve its place in both the UK's internal market and the EU's single market.

Question:

Q.1 What is the name of the British Prime Minister who announced the new agreement on Northern Ireland post-Brexit trade with the European Union?
a. Boris Johnson
b. Rishi Sunak 
c. Theresa May
d. David Cameron
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu