UK Govt: Not formally convening EU trade talks in light of coronavirus guidance
|In light of the latest guidance on coronavirus, we will not formally be convening the European Union (EU) trade talk negotiating work strands tomorrow in the way we did in the previous round, the UK Government said in the latest statement published on Tuesday.
Additional points
Brexit transition period will end on schedule on Dec. 31, "this is enshrined in the UK law”.
Talking to the EU Commission about flexibility in the structure of trade talks for coming weeks.
GBP/USD reaction
GBP/USD holds the lower ground near 1.2030, having tested six-month lows at 1.2004 amid mixed UK jobs data and broad dollar strength, as investors await the UK/US stimulus package for fresh impetus.
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