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06.03.201915:37 Forex Analysis & Reviews: Brexit negotiations between EU and UK ended without agreement again

Long-term review

Yesterday's negotiations between representatives of the United Kingdom and the European Union did not again lead to a trade agreement. On the eve of the British Prime Minister Theresa May sent the Attorney General of England and Wales, Jeffrey Cox, to Brussels in order to make changes to the Brexit deal, which are necessary for the passage of the agreement through the British Parliament. +

Exchange Rates 06.03.2019 analysis

Theresa May intends to change the "insurance plan", which should guarantee a transparent border between Ireland and Northern Ireland. As you know, the question of the border causes discontent of many British parliamentarians.

However, negotiations with the participation of Cox, which lasted more than three hours, did not bring the desired result. Negotiations involving lower-ranking officials will continue today. Recall on March 29, the UK must leave the EU, regardless of whether an agreement is reached on a trade deal or not. In the absence of an agreement, the UK economy may suffer great damage.

Tatiana Strelkova,
Analytical expert of InstaSpot
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