Northern Ireland trade deal

Britain and the European Union have struck a landmark agreement – the Windsor Framework – to replace the contentious Northern Ireland Protocol and end a bitter post-Brexit trade dispute


Lowering trade barriers

NORTHERN IRELAND
Green lane for UK goods - traders to complete single certificate per truck, rather than multiple forms per load


IRELAND
EU-destined goods go via red lane with full customs procedures

IRELAND (EU)
SCOTLAND
GREEN LANE
RED LANE
Irish Sea
ENGLAND
WALES
UNITED KINGDOM (non-EU)


European Court of Justice
ECJ will continue to be final arbiter on matters of EU law affecting Northern Ireland


Stormont Brake
“Veto” over whether amended EU laws will apply in Northern Ireland. Requires 30 members of 90-member Northern Ireland Assembly to stop any new EU single market rules

European Commission: Insists ECJ will remain sole, ultimate arbiter of EU law and single market disputes


Taxation and state aid
UK government to set rules in areas such as value-added tax and state aid in Northern
Ireland – rules rejected by Commission in previous negotiations with UK


Ending Protocol restrictions

Medicines: To be available throughout UK – not possible under old Protocol

Plants: Previously banned plants like seed potatoes and other plant products will now ship to Northern Ireland

Pets: Barriers removed for owners taking pets into Northern Ireland


Sources: Bloomberg, Financial Times, Reuters, Politico 
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