20/07/2021

Protocol Must Be Implemented To Attract Jobs And Investment - SF

The Northern Ireland Protocol must be fully implemented and deployed to attract additional jobs and investment, Sinn Féin MLA and National Chairperson Declan Kearney has said.

The Party's Brexit spokesperson said: "The Protocol has been agreed between the British government and the European Commission. It now needs to be implemented.

"There needs to be a recognition and acknowledgement from the British government that the Protocol is a now a permanent feature of the new trading realities created by Brexit.

"Whipping up apprehensions by the Tories, and demanding an unachievable renegotiation does not provide the certainty and stability that business organisations, farmers, traders and manufacturers so desperately need. 

"The Protocol provides the regional and all-island business community with unparalleled access to both the EU and British single markets and creates potential competitive advantages. New foreign direct investment opportunities are now beginning to emerge because of our dual market access.

"There are outstanding challenges with the operation of the Protocol and these can, and should be resolved by the mechanisms put in place to do so. 

"Once this has been done we can begin maximising  the special economic status which the Protocol affords to the north in terms of attracting additional jobs and new investment."


Related Northern Ireland News Stories
Click here for the latest headlines.

25 February 2022
Resolving Protocol Essential For Peace And Stability
The Protocol continues to divide opinion in Northern Ireland, but the majority agree that solving it is essential for peace and stability, according to a report from Queen's University Belfast (QUB).
26 July 2021
Economy Minister Urged To Take Advantage Of Special Economic Circumstances
The Economy Minister must act to take advantage of the special economic circumstances the protocol affords businesses in the north.
09 December 2013
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
16 May 2013
£1.25m For Belfast Community Projects
20 community regeneration projects across Belfast have received funding totalling £1.25m from the City Council. The funding is part of £5m set aside for the Local Investment Fund (LIF). Just under £1.3m is earmarked each to the North, South, East and West of the city and a further £490,000 allocated for the Shankill area.
18 February 2015
Four New Play Parks Announced For L'Derry
£2.8m from the Executive's Social Investment Fund is going toward four new play parks in L'Derry, The facilities will be located at Ballymagroarty Play Park, Kilfennan Valley Park, Ballyarnett Country Park and Daisyfield. Derry City Council has put up £300,000 towards the project.