Post-Brexit trade talks between Britain and the European Union (EU) have reached their peak and are expected to sign an agreement on Thursday. The agreement will mark an episode for Britain after a long relationship with the European Union until Brexit.
The last-minute deal will prevent higher risks and at the same time allow the UK to establish more integrated trade relations with its largest trading partner, the EU, after the British have voted to leave the EU in 2016.
Sources from both sides said the agreement was close to being reached after an attempt by British Prime Minister Boris Johnson to make an emergency conference call with his senior ministers and Brussels negotiators to discuss a number of treaty law issues.
So far there is no official confirmation of the post-Brexit trade deal but he is expected to hold a press conference before December 31.
According to Irish Foreign Minister Simon Coveney, progress has been made from both sides and the hope now is that a Brexit deal can be reached on Christmas Eve.
Disputes over a large number of catches in British waters are still hotly debated and have led to several delays in the signing of agreements.
The pound continued to strengthen momentum against the US dollar by strengthening 0.66% at the 1.3578 exchange rate as of 9.00 p.m.
