The British Cabinet Minister, Michael Gove, said on Monday that there are concerns across Northern Ireland about the Northern Ireland Protocol He added that it needs to be refined to ensure its effectiveness, Reuters reported.
“Recent events have shown that we need to examine its application on the ground.”
“There are a number of issues where we believe it is necessary to improve its operation.”
“We can solve the business problems of companies in a pragmatic way.”
“The European Comission it probably owes its member states a fuller explanation of its actions. “
“Progress is being made, but we are far from solving all the issues.”
“The Commission will come to the UK for further discussion on Thursday.”
Market Reaction
The GBP / USD pair did not show any immediate reaction to these comments and was seen winning the last time 0.05% on the day to 1.3740.
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