Barnier and Raab brief press
Negotiations have reached final stage
Will negotiate continually from now on
We need legally operationally Ireland border backstop
Any partnership must respect the EU market
A Brexit deal needed "not much later" than Barnier
We are not aiming for a 'no deal' scenario but we are prepared for it
Raab:
- Still some difficult issues to overcome
- Both sides must step up pace of negotiations
- Outstanding issues must be resolved on a political level
- Confident can reach deal in October
There as a bit of a kneejerk lower in GBP at the end when Barnier said they are prepared for a 'no deal' Brexit but that was just politician-talk and him saying they're ready for anything. For me, the tone was positive.
