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home / news releases / ZGBR - Brexit tensions resurface as U.K. aims to rewrite Northern Ireland protocol


ZGBR - Brexit tensions resurface as U.K. aims to rewrite Northern Ireland protocol

ffikretow/iStock via Getty Images The Brexit drama is far from over, with the U.K. and EU on a collision course over the rules for Northern Ireland. It was only seven months ago that the two sides came to an agreement on a Brexit deal, but Britain now wants to overhaul a trade system for the territory. The special arrangement was previously inked to avoid a hard border on the island of Ireland and prevent a backdoor for smuggling into the bloc, but the protocol has subsequently resulted in a fractious relationship. Why is it still an issue? Northern Ireland's status is somewhat of a hybrid as it is still part of the United Kingdom, as well as the European Single Market. That means checks need to be done on goods that are traveling from Great Britain to Northern Ireland to stop items from leaking into the EU. Most of the

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Brexit tensions resurface as U.K. aims to rewrite Northern Ireland protocol
Stock Information

Company Name: SPDR Solactive United Kingdom ETF
Stock Symbol: ZGBR
Market: NYSE

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