US TRADE U.S. Treasury Secretary optimistic on trade deal with UK


Britain will set out more details about its objectives for a free trade deal with the European Union next month after the country leaves the bloc on Jan. 31, Brexit Secretary Stephen Barclay.

“We are going to publish our objectives for the negotiation (…) in due course after the 31st,” he told reporters.

At stake are the terms of trade from 2021, when an 11-month post-Brexit transition period is due to  expire. Negotiations between London and Brussels are expected to start in March.

The European Commission, which negotiates on behalf of the 27 remaining EU members, will thrash out its objectives next month before putting them to EU governments on Feb. 25. Negotiations are expected to start after that.