Brexit: New phase of negotiations – BNPP

Sandeep Kanihama FXStreet Contributor

The European Council found that Brexit talks between the UK and the European Commission had advanced sufficiently to launch a new phase of negotiations, according to Catherine Stephan, Research Analyst at BNP Paribas.

Key Quotes

“The definitive withdrawal agreement must include the terms for the transition period as well as a policy statement defining the framework for the future trade relationship between the UK and the EU.”

“The EU wants a framework similar to its trade agreement with Canada, which reflects the UK’s desire to leave the Single Market.”

“The UK wants a trade agreement that includes the services sector.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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