UK's Frost: We need to try everything before triggering Article 16
|David Frost, the British minister responsible for implementing the Brexit deal, said on Monday that he is hopeful they will "get something from the EU" on the Northern Ireland Protocol soon, as reported by Reuters.
Additional takeaways
"I don't think we can wait that long for it."
"We need a short, intensive good-faith talks process to happen quite soon."
"We need to try everything before triggering Article 16."
"Confident we can trigger Article 16 swiftly but would not do it suddenly."
Market reaction
These comments don't seem to be having a noticeable impact on market sentiment. As of writing, the UK's FTSE 100 Index was virtually unchanged on the day at 7,024.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.