Agreement on Windsor Framework positive for EU-UK relations and all-island economy – Ibec

Ibec, the group that represents Irish business, has said that today’s announcement on the Ireland/Northern Ireland Protocol through the Windsor Framework will be welcomed by businesses across the all-island economy.

Responding to the news that the European Union and the UK have reached an agreement on the post-Brexit trading arrangements for Northern Ireland, Ibec CEO Danny McCoy said: “As economic challenges continue to impact business sentiment, today’s announcement will bring much needed certainty for businesses across the all-island economy. It must now be supported through close collaboration between business and government in Northern Ireland, Ireland, Britain and the European Union.

“While we await to examine the finer details of the agreement, it is imperative that today’s announcement will sustain the stability that has delivered two decades of investment and growth across the island of Ireland.

“It also affords a fresh opportunity to re-establish political stability in Northern Ireland. The island of Ireland faces several economic headwinds but is positioned to successfully navigate them, and today’s announcement will further help this. More joined up all-island policy actions will support business in both jurisdictions to meet these challenges and take the shared opportunities presented.”