UK’s Fox: Brexit transition period acceptable with time limits

Dhwani Mehta FXStreet

The UK Trade Minister Liam Fox spoke to BBC TV on Sunday, commenting on the Brexit deal.

Key Points via Reuters:

"I don’t have a problem with the transition period as long as is time-limited."

"I want in a transitional period to be able to negotiate agreements at that point, what we can't have is a putting off of the point where we have freedom to negotiate our trade agreements."

There are contingency plans across UK Govt departments for no Brexit deal being reached

EU negotiators need to believe we would walk away rather than accept a bad Brexit deal

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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