LONDON: The UK government on Wednesday demanded the EU re-negotiate post-Brexit trading arrangements for Northern Ireland after rioting and business disruption hit the restive province.
The European Union has long insisted that it is up to London to implement what it agreed in their drawn-out Brexit divorce, and the US administration is also looking on warily at the UK maneuvers.
London stopped short of suspending the so-called Northern Ireland Protocol, which requires checks on goods crossing over from mainland Britain.
But Northern Ireland Secretary Brandon Lewis told parliament that while the UK had negotiated the protocol “in good faith,” its real-world application by the EU had entailed “considerable and continuing burdens.”
“Put simply, we cannot go on as we are,” he said.
Rather than ad-hoc grace periods for border checks, Lewis said the UK was seeking a “standstill period” for the protocol including legal action by the EU.
He pressed for a new dialogue “that deals with the problems in the round.”
“We urge the EU to look at it with fresh eyes and work with us to seize this opportunity and put our relations on a better footing.”
The protocol was painstakingly negotiated to avoid a hard border with Ireland, by effectively keeping Northern Ireland in the EU’s single market.
Northern Ireland, which suffered three decades of sectarian conflict until a peace agreement in 1998, has been rocked by violence this year, in part against the protocol.
Many pro-UK unionists see it as creating a de facto border in the Irish Sea with mainland Britain and say they feel betrayed.
In its proposals, Britain urged the EU to stop broad checks and focus more squarely on goods “genuinely” at risk of entering its single market via Northern Ireland.
The government insisted that for all other goods, a light touch was needed to preserve Northern Ireland’s integral status as part of the UK.
It also wants the removal of any oversight role by the European Court of Justice.
Frustrated at the new red tape since the UK left the EU fully at the start of this year, several UK companies have already suspended sales to Northern Ireland, or are offering a reduced choice.
Retail chain Marks and Spencer said that in the protocol’s current guise, there will be “gaps on the shelves” in Northern Ireland this Christmas.
In a phone call Tuesday, Prime Minister Boris Johnson told Irish counterpart Micheal Martin the protocol was “causing significant disruption” and changes were essential, according to Downing Street.
But the EU, seeking to preserve the integrity of its single market, says Britain has been acting in bad faith, knowing full well what it signed up to.
There was no immediate comment from Brussels, but European Commission president Ursula von der Leyen last week denied the EU was being dogmatic in its application of the protocol.
Ireland’s European affairs minister Thomas Byrne said Dublin would “listen carefully to what the British government have to say,” but insisted that any remedies must respect the hard-fought pact.
“We’re willing to discuss any creative solutions within the confines of the protocol,” he told BBC radio.
“But we have to recognize as well that Britain decided itself to leave the single market of the European Union, to apply trade rules, to apply red tape to its goods that are leaving Britain, to goods that are coming into Britain.”
The protracted rows over the protocol are drawing concern further afield from President Joe Biden’s US administration.
State Department spokesman Ned Price told reporters the administration wanted both sides “to negotiate within the existing mechanisms when differences do arise.”
John Kerry, Biden’s climate envoy and a former secretary of state, told BBC radio that the Irish-American president was “deeply immersed in the issue.”
Both he and Secretary of State Antony Blinken are “deeply committed in making certain that the (Good Friday) agreement holds and there is peace ultimately,” Kerry said.
UK demands EU agree to new post-Brexit deal for N.Ireland
https://arab.news/6w86c
UK demands EU agree to new post-Brexit deal for N.Ireland
- European Union has long insisted that it is up to London to implement what it agreed in their drawn-out Brexit divorce
- US administration is also looking on warily at the UK manoeuvres
Closing Bell: Saudi main index rises to 10,894
RIYADH: Saudi Arabia’s Tadawul All Share Index extended its upward trend for a third consecutive day this week, gaining 148.18 points, or 1.38 percent, to close at 10,893.63 on Tuesday.
The total trading turnover of the benchmark index stood at SR6.05 billion ($1.61 billion), with 144 listed stocks advancing and 107 declining.
The Kingdom’s parallel market Nomu also rose by 81.35 points to close at 23,668.29.
The MSCI Tadawul Index edged up 1.71 percent to 1,460.89.
The best-performing stock on the main market was Zahrat Al Waha for Trading Co., with its share price advancing 10 percent to SR2.75.
Shares of CHUBB Arabia Cooperative Insurance Co. increased 8.27 percent to SR23.04, while Abdullah Saad Mohammed Abo Moati for Bookstores Co. saw its stock climb 6.17 percent to SR50.60.
Conversely, the share price of Naseej International Trading Co. declined 9.90 percent to SR31.48.
On the announcements front, Arabian Drilling Co. said it secured three contract extensions for land rigs with energy giant Saudi Aramco, totaling SR1.4 billion and adding 25 active rig years to its backlog.
In a Tadawul statement, the company said one rig is currently operational, the second will begin operations by the end of January, and the third — currently suspended — is expected to resume operations in 2026.
Since November 2025, Arabian Drilling has secured seven contract extensions amounting to SR3.4 billion, representing 55 committed rig years.
The three contracts have durations of 10 years, 10 years, and five years, respectively.
“Securing a total of SR1.4 billion in new contracts and expanding our backlog by 25 rig-years demonstrates both the trust our clients place in us and our ability to consistently deliver quality and reliability,” said Ghassan Mirdad, CEO of Arabian Drilling, in a statement.
Shares of Arabian Drilling Co. rose 3.15 percent to SR104.70.
Separately, Alkhorayef Water and Power Technologies Co. said it signed a 36-month contract valued at SR43.35 million with National Water Co. to operate and maintain water networks, pumping stations, wells, reservoirs, and related facilities in Tabuk.
In October, Alkhorayef Water and Power Technologies Co. announced it had been awarded the contract by NWC.
In a Tadawul statement, the company said the financial impact of the deal began in the fourth quarter of 2025.
The share price of Alkhorayef Water and Power Technologies Co. declined 0.49 percent to SR120.70.










