We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.
The PM is now asking for a return of up to 60 percent of EU catches in UK waters, down from 80 percent, Mr Barnier is believed to have told ambassadors in a meeting this morning.This would mark a major climb-down on an issue both sides have stubbornly refused to budge on.
A senior EU diplomat told the Guardian: “Barnier said the coming hours were going to be decisive to which the response was: ‘what’s the rush?’”
“Ambassadors for every country bordering the UK – 11 all in all – raised concerns on the level playing field and suggested that he was at the edge of his negotiating mandate.”
Negotiations between London and Brussels continue, with both sides stressing that time is running short to strike an agreement, with the Brexit transition period finishing at the end of December.
Britain formally left the EU on January 31 but then entered a transition period under which EU laws apply until the end of this year to give citizens and businesses time to adapt.
A free-trade deal needs to be in place by January 1, when EU rules for the internal market and the EU Customs Union will cease to apply to Britain, but the chances of a “no deal” grow as that deadline looms.
Talks remain snagged on fishing rights in British waters, ensuring fair competition guarantees and ways to solve future disputes.
A senior EU diplomat said: “A deal still hangs in the balance.”
This is a developing story, more to follow…
Source: Read Full Article