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Significance

SF is unlikely to lead a functioning government for some time due to the refusal of the Democratic Unionist Party (DUP) to participate until the Northern Ireland Protocol is rescinded. The election could have a significant impact on the protocol and the political salience of Irish unification.

Impacts

Renewed EU-UK tension will fuel business uncertainty and may have adverse consequences for trade and investment.

Despite concerns over trade disruption, EU member states will likely remain united and support the Commission’s position on the protocol.

If the protocol is implemented, Northern Ireland could become one of the best-performing economic regions in the United Kingdom.

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