The UK government issued today (17th March 2020) the statement set out below –
In light of the latest guidance on coronavirus, we will not formally be convening negotiating work strands tomorrow in the way we did in the previous round.
We expect to share a draft FTA alongside the draft legal texts of a number of the standalone agreements in the near future still, as planned.
Both sides remain fully committed to the negotiations and we remain in regular contact with the European Commission to consider alternative ways to continue discussions, including looking at the possibility of video conferencing or conference calls, and exploring flexibility in the structure for the coming weeks.
The transition period ends on 31 December 2020. This is enshrined in UK law.
The Withdrawal Agreement (the international treaty between the UK and the EU) allows the UK to apply (by end June) to extend the transition period for up to two years.