5.4 C
Brussels
Monday, December 23, 2024
EuropeFish Scupper: EU and EU fail to bridge gaps on fisheries

Fish Scupper: EU and EU fail to bridge gaps on fisheries

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Guest Author
Guest Author
Guest Author publishes articles from contributors from around the world

The UK and European Union have so far failed to reach agreements on the three most contentious issues in their ongoing trade talks, both sides said.

The pair have not been able to reach agreements on fisheries, the so-called level playing field, and settling future disputes between Britain and the EU.

Read more: CBI deputy: A no-deal Brexit on top of coronavirus is ‘very, very worrying’

The impasse comes despite almost two weeks of intensive talks in a last-ditch attempt to strike a deal for when Britain’s transition agreement with the bloc comes to an end on 31 December.

Any deal to smooth billions of pounds of trade between the pair needs to be agreed by 15 November to give it time to be ratified by the EU before the transition period expires.

An update on the talks’ progress and the chances of a deal being struck is expected tomorrow or Thursday. Chief EU negotiator Michel Barnier said last week that “much remains to be done” before an agreement is reached. 

Before the Open newsletter: Start your day with the City View podcast and key market data

A European Commission spokesperson said negotiators have not yet found a deal on sharing access to fishing waters after the post-Brexit transition period ends in December. 

“We have not yet found a solution on fisheries,” a Commission spokesperson said. They said “a lot more work remains to be done to get a deal”, adding: “we are not there yet”. 

A spokesman for Prime Minister Boris Johnson said: “We’ll only be able to make progress if the EU accepts the reality that the UK will have the right to control access to its waters at the end of this year.”

“There are significant gaps that do remain between our positions in the most difficult areas, and there is much work still to be done if we are to bridge those gaps.”

The Commission also said it would consider escalating its legal dispute with the UK over its violation of the Brexit withdrawal treaty. 

Read more: Brexit talks: Germany ‘concerned’ over lack of progress given reliance on City

The bloc sent London a formal letter of notice at the start of last month over the UK’s internal market bill – which Britain has admitted breached international law by breaching its earlier Brexit divorce settlement with the bloc.

The Commission spokesperson said that Britain had failed to reply and that the EU would therefore now consider the next step in the legal dispute – a reasoned opinion.

- Advertisement -

More from the author

- EXCLUSIVE CONTENT -spot_img
- Advertisement -
- Advertisement -
- Advertisement -spot_img
- Advertisement -

Must read

Latest articles

- Advertisement -