UK's David Davis developing border solution for Ireland

Joshua Gibson FXStreet

As reported by the Sun, the UK's David Davis is developing a Brexit solution that would see the Ireland border debate resolved and put an end to the stalemate surrounding Brexit preparations.

Under the radical blueprint, the province would operate a double hatted regime of European and British regulations at the same time, so it can trade freely with both. The Brexit Secretary is also drawing up a 10 mile-wide buffer zone the length of Northern Ireland’s 310 mile border with Ireland. Dubbed a ‘special economic zone’, it will be for local traders such as dairy farmers – who make up 90 per cent of the cross border traffic – and share the same trade rules as south of the border.

The two plans will together eradicate the need for any border check points, which is a major EU demand.

- The UK Sun

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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