BR100 Decreased By (-0.14%)
BR30 Decreased By (-0.14%)
KSE100 Increased By (0.04%)
KSE30 Increased By (0.02%)
AGHA 6.50 Increased By ▲ 0.18 (2.85%)
BECO 4.41 Increased By ▲ 0.14 (3.28%)
BML 62.10 Decreased By ▼ -0.35 (-0.56%)
BOP 31.25 Increased By ▲ 0.02 (0.06%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 6.02 Increased By ▲ 0.30 (5.24%)
FCCL 60.66 Decreased By ▼ -0.88 (-1.43%)
FFL 14.88 Decreased By ▼ -0.14 (-0.93%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 6.30 Increased By ▲ 0.04 (0.64%)
KOSM 5.74 Increased By ▲ 0.18 (3.24%)
LOTCHEM 24.78 Increased By ▲ 0.10 (0.41%)
MLCF 102.99 Decreased By ▼ -1.09 (-1.05%)
NBP 174.02 Decreased By ▼ -1.26 (-0.72%)
NCPL 53.00 Increased By ▲ 0.23 (0.44%)
NPL 54.49 Increased By ▲ 0.37 (0.68%)
OGDC 313.00 Decreased By ▼ -0.39 (-0.12%)
PACE 9.24 Increased By ▲ 0.04 (0.43%)
PAEL 35.48 Decreased By ▼ -0.32 (-0.89%)
PIBTL 13.65 Increased By ▲ 0.18 (1.34%)
PPL 220.83 Decreased By ▼ -0.98 (-0.44%)
PRL 80.35 Increased By ▲ 1.27 (1.61%)
PTC 46.73 Decreased By ▼ -0.12 (-0.26%)
SSGC 23.95 Increased By ▲ 0.08 (0.34%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.41 Increased By ▲ 0.02 (0.27%)
TPL 24.84 Decreased By ▼ -0.27 (-1.08%)
TPLP 12.88 Increased By ▲ 0.37 (2.96%)
TREET 26.09 Decreased By ▼ -0.16 (-0.61%)
TRG 54.05 Increased By ▲ 0.61 (1.14%)
World

EU-UK trade talks confirmed cancelled this week

"We expect to share a draft free trade agreement alongside the draft legal texts of a number of the standalone agre
Published Updated
By
  • "We expect to share a draft free trade agreement alongside the draft legal texts of a number of the standalone agreements in the near future still, as planned.
  • Britain left the European Union on January 31 but both sides agreed a standstill transition until the end of 2020 to allow them to agree a new partnership.
  • However, the government statement said Tuesday: "The transition period ends on 31 December 2020. This is enshrined in UK law."

LONDON: The British government confirmed Tuesday it would not resume post-Brexit trade talks with the EU as planned on Wednesday because of the coronavirus outbreak.

Officials had been discussing plans for video conferences after this week's face-to-face talks in London, the second round of formal negotiations, were cancelled.

"In light of the latest guidance on coronavirus, we will not formally be convening negotiating work strands tomorrow in the way we did in the previous round," a government statement said.

"We expect to share a draft free trade agreement alongside the draft legal texts of a number of the standalone agreements in the near future still, as planned.

"Both sides remain fully committed to the negotiations and we remain in regular contact with the European Commission to consider alternative ways to continue discussions," it added.

This includes video conferencing and exploring flexibility in the structure for the coming weeks, the statement said.

Britain left the European Union on January 31 but both sides agreed a standstill transition until the end of 2020 to allow them to agree a new partnership.

Brussels has already warned that the timetable is too tight and delays from coronavirus have sparked calls in London for Prime Minister Boris Johnson to ask for more time for the talks.

However, the government statement said Tuesday: "The transition period ends on 31 December 2020. This is enshrined in UK law."

Comments

Comments are closed for this article.