Open in new tab

2022-09-17 04:18:20 By : Mr. Lianyong Wang

Irish Foreign Minister Simon Coveney attends a news conference ahead of a meeting of the United Nations Security Council on Russia's invasion of Ukraine, at the United Nations headquarters in New York City, New York, U.S., April 19, 2022. REUTERS/Andrew Kelly

DUBLIN, Sept 16 (Reuters) - Irish Foreign Minister Simon Coveney said on Friday that he was optimistic that talks between Britain and the European Union on overhauling Northern Ireland's post-Brexit trading arrangements could resume within weeks.

Under the Northern Ireland protocol, the British-run region effectively remained in the EU's single market for goods as the rest of the United Kingdom departed, necessitating checks on some goods coming from Britain that London now want scrapped.

Britain's new Prime Minister Liz Truss said this month her preference is to find a negotiated settlement but only if it matched the unilateral action it has begun to scrap some checks. read more

Brussels offered a package of measures to ease the transit of goods to Northern Ireland a year ago.

Coveney said private conversations he and Prime Minister Micheal Martin have had with Truss' new government team suggest there is an opening beyond Queen Elizabeth's funeral next week for a "new and perhaps more real round of dialogue."

"I have to say I have some cautious optimism that we will see in a few weeks time the opening of an honest effort to try to settle some of these issues that have been outstanding for far too long," Coveney told national broadcaster RTE."

"But we are very clear, both the Irish government and the EU, are very clear that that does requires compromise on the UK side as well as the EU side."

EU Financial Services Commissioner Mairead McGuinness, Ireland's representative on the bloc's executive, also told RTE that her expectation was that both sides would get back around the table in the coming weeks.

Our Standards: The Thomson Reuters Trust Principles.

London's police force said the state funeral of Queen Elizabeth will be the biggest security operation it has ever undertaken as prime ministers, presidents and royals come together on Monday to pay their respects to Britain's longest-reigning monarch.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.

The industry leader for online information for tax, accounting and finance professionals.

Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.

Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.

All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.