The UK Conservative Party Co-Chairman Oliver Dowden said on Wednesday, the “reports on steps offered by the European Union (EU) regarding Brexit are welcome.”
“We will engage with them,” he added.
This comes as the EU prepares to outline new proposals later on Wednesday for the part of the Brexit deal that covers Northern Ireland.
According to BBC News, “their proposals will cover customs, agri-food, medicines and the role of Northern Ireland politicians. The current arrangement avoids a hard border on the island of Ireland by keeping Northern Ireland in the EU's single market for goods.”
Market reaction
GBP/USD is little affected by these comments, as it continues to trade around 1.3610, up 0.18% on the day.
