Economic news

UK’s Northern Ireland trade law clears parliament’s lower house

2022.07.20 22:09

UK's Northern Ireland trade law clears parliament's lower house
UK’s Northern Ireland trade law clears parliament’s lower house

Budrigannews.com – Legislation allowing Britain to scrap some of the rules on post-Brexit trade with Northern Ireland cleared the final stage of its passage through parliament’s lower House of Commons on Wednesday and will move to the House of Lords.

Lawmakers voted by 267 to 195 in favour of approving the Northern Ireland Protocol bill, which would unilaterally overturn part of Britain’s divorce deal from the EU agreed in 2020, at its third reading.

Tensions with the EU have simmered for months after Britain accused Brussels of insisting on a heavy-handed approach to the movement of goods between Britain and Northern Ireland – checks needed to keep an open border with EU member Ireland.

Prime Minister Boris Johnson has described the changes he is seeking as “relatively trivial” and ministers insist the move does not break international law, but the EU has started legal proceedings against Britain over its plans.

The bill will face a bigger challenge in the upper house, the unelected House of Lords, where the government doesn’t have a majority and many peers have expressed concern about it.

Parliament breaks for six weeks on Thursday, so the legislation will not be debated in the House of Lords until at least September.

 

UK’s Northern Ireland trade law clears parliament’s lower house

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 85,394.88 0.98%
ethereum
Ethereum (ETH) $ 2,224.35 0.33%
tether
Tether (USDT) $ 0.999715 0.01%
xrp
XRP (XRP) $ 2.17 0.89%
bnb
BNB (BNB) $ 605.32 2.78%
solana
Solana (SOL) $ 140.69 3.97%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.204331 1.45%
cardano
Cardano (ADA) $ 0.642389 1.12%
staked-ether
Lido Staked Ether (STETH) $ 2,221.61 0.21%
tron
TRON (TRX) $ 0.23208 0.90%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 85,133.81 0.90%
hedera-hashgraph
Hedera (HBAR) $ 0.246249 15.22%
chainlink
Chainlink (LINK) $ 14.84 0.35%
litecoin
Litecoin (LTC) $ 124.95 2.14%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,652.73 0.42%
stellar
Stellar (XLM) $ 0.30418 6.31%
sui
Sui (SUI) $ 2.84 0.37%
leo-token
LEO Token (LEO) $ 9.75 5.16%
avalanche-2
Avalanche (AVAX) $ 21.64 2.29%
the-open-network
Toncoin (TON) $ 3.29 1.27%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 2.31%
usds
USDS (USDS) $ 1.00 0.00%
mantra-dao
MANTRA (OM) $ 7.44 0.78%
polkadot
Polkadot (DOT) $ 4.64 1.71%
hyperliquid
Hyperliquid (HYPE) $ 19.28 2.50%
weth
WETH (WETH) $ 2,223.50 0.37%
bitcoin-cash
Bitcoin Cash (BCH) $ 310.29 2.18%
ethena-usde
Ethena USDe (USDE) $ 0.999005 0.03%
bitget-token
Bitget Token (BGB) $ 4.04 0.84%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,358.15 0.39%
uniswap
Uniswap (UNI) $ 7.52 0.32%
monero
Monero (XMR) $ 223.25 5.80%
near
NEAR Protocol (NEAR) $ 3.31 7.27%
whitebit
WhiteBIT Coin (WBT) $ 26.46 0.24%
aptos
Aptos (APT) $ 6.42 0.47%
dai
Dai (DAI) $ 1.00 0.02%
ondo-finance
Ondo (ONDO) $ 1.01 1.22%
pepe
Pepe (PEPE) $ 0.000008 4.73%
internet-computer
Internet Computer (ICP) $ 6.48 0.86%
susds
sUSDS (SUSDS) $ 1.04 0.21%
aave
Aave (AAVE) $ 194.04 1.71%
ethereum-classic
Ethereum Classic (ETC) $ 19.06 2.33%
bittensor
Bittensor (TAO) $ 331.21 0.80%
okb
OKB (OKB) $ 45.33 0.49%
gatechain-token
Gate (GT) $ 20.94 0.15%
official-trump
Official Trump (TRUMP) $ 12.96 2.46%
mantle
Mantle (MNT) $ 0.747908 3.75%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 85,396.88 1.01%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.277097 2.05%