The relative “weakness” of the UK's position in Brexit talks with the EU is to blame for the current problems with the Northern Ireland Protocol, Prime Minister Boris Johnson’s former chief negotiator has said.
Lord David Frost, the former Brexit minister who negotiated the withdrawal agreement, said the arrangements for Northern Ireland would only have worked if the EU’s regulatory framework had not been fully applied.
He said the EU's “purism” in the way it was implementing the protocol — such as requiring customs checks on goods moving from Great Britain to Northern Ireland — was now threatening the peace process.
Mr Frost made his comments in a foreword to a report by the centre-right Policy Exchange think tank which argued that the idea of an all-island Irish economy was a fiction that was being promoted for “political ends”.
The report by the Policy Exchange’s chief economic adviser Dr Graham Gudgin said that, despite the signing of the Good Friday Agreement in 1998, there was little integration between Northern Ireland and the Republic and that they remained “two distinct economies”.
Only 4 per cent of the goods and services produced in Northern Ireland cross the border to the Republic, while 16 per cent go to Great Britain, and 31 per cent of imports to Northern Ireland are from the rest of the UK, the report said.
At the same time, 2 per cent of the Republic’s exports go to Northern Ireland and 6 per cent of Northern Ireland’s imports come from the Republic.
Mr Frost said the idea of an “all-island economy” had effectively become part of the protocol because it chimed with the political ambitions of Brussels and Dublin, although it did not fit with the reality on the ground.
“Shaped as the protocol is by relative UK weakness and EU predominance in the withdrawal agreement negotiations, it enshrines a concept, the all-island economy, which suits the EU, Ireland, and their allies politically but which does not exist in real life,” he said.
“Hence the grinding tensions, the economic frictions, and the political turbulence caused by the protocol.
“Given this economic reality, the protocol arrangements could only have worked if, in real life, the EU regulatory framework had not been fully applied in practice (recognising, for example, the protocol’s requirement to minimise checks and controls at Northern Ireland ports) and there had been much more pragmatism in its operation.
“As it was, the EU’s purism and its casually destructive handling undermined East-West links from the start and are now bringing the Belfast (Good Friday) Agreement itself into great peril.”
In a second foreword to the report, the former Northern Ireland first minister Lord David Trimble, who was leader of the Ulster Unionist Party at the time of the Good Friday Agreement, said talk by the Irish government of an island economy was having a “destabilising effect”.
“At the time of the Good Friday Agreement, the Irish government did not talk to us about an island economy: they were looking for co-operation for mutual benefit,” he said.
“Today the Irish government has a different language in which the island economy is an endlessly repeated theme. The Irish government sharpens unionist fears that there is some all-island economic propulsion leading to political unity. This has had a destabilising effect.”
“Now is not the time for a blame game about the workings of the protocol,” said Labour’s shadow international trade secretary, Nick Thomas-Symonds.
“What is needed is a pragmatic way forward.
“Chaos in the Conservative Party should not be preventing ministers from getting around the table and carrying out the painstaking work necessary to find a solution, and the EU should engage in a pragmatic spirit.”
UAE currency: the story behind the money in your pockets
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
Buy farm-fresh food
The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.
In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others.
In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food.
In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra.
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End of free parking
- paid-for parking will be rolled across Abu Dhabi island on August 18
- drivers will have three working weeks leeway before fines are issued
- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket
- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200.
- The penalty for failing to pay for a ticket after 10 minutes will be Dh200
- Parking on a patch of sand will incur a fine of Dh300
more from Janine di Giovanni
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
Directed: Smeep Kang
Produced: Soham Rockstar Entertainment; SKE Production
Cast: Rishi Kapoor, Jimmy Sheirgill, Sunny Singh, Omkar Kapoor, Rajesh Sharma
Rating: Two out of five stars