EIRL - Stars appear aligned for post-Brexit trade deal
After nine months of protracted negotiations, the EU and Britain went into the late hours of the night finalizing a historic post-Brexit trade deal, just a week before the U.K. would crash out of the bloc's single market.Sterling is up on the news, climbing 0.8% to $1.3598.The full legal text and details are likely to be released this morning, and would include unprecedented provisions for zero tariffs or quotas on all goods and protect cooperation in areas like aviation, transport, security and energy.What about fishing rights? The issue has held up the deal in recent months, but people briefed on the talks say there will be a 5.5-year transition period, under which EU boats can still access U.K. fishing waters, though the bloc's rights will be knocked down by a quarter.The deal is still being called thin, but could provide the base in which the two sides rebuild relations (it's
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Stars appear aligned for post-Brexit trade deal