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The phrase "are currently negotiating" is correct and usable in written English.
It can be used to describe an ongoing process of discussion or bargaining between parties.
Example: "The two companies are currently negotiating a merger that could significantly impact the market."
Alternatives: "are in the process of negotiating" or "are engaged in negotiations".
Exact(53)
Pakistan are currently negotiating their TV deals on a series-by-series basis.
They are currently negotiating a deal with Substance TV to produce an affiliated TV show.
"We are currently negotiating which is more important: the rights of the individual or the rights of knowledge".
Creditor banks are currently negotiating with General Motors and Fiat of Italy to complete the sale of Daewoo Motor.
Both the US and Nato are currently negotiating transit deals with Central Asian countries neighbouring Afghanistan, including Turkmenistan and Uzbekistan.
The Germans and Russians are currently negotiating a UNESCO-brokered deal for the return of several German art collections acquired by the Russians during the second world war.
Similar(7)
France is currently negotiating its television deal.
The company is currently negotiating for space in Princeton.
A spokesman said the authority was currently negotiating with a potential vendor.
Ms. Baer said ardentCause was currently negotiating with another foundation for investment.
The government is currently negotiating with unions over the tricky issue of retirement.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com