Brexit Trade Talks News

Dec 25, 2020 Finacial Market News
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According to the guardian, EU sources said that as part of a broader compromise, the UK has played down a key requirement for fishing rights after brexit, that is, the British should hold a majority stake in fishing vessels currently flying the British flag in the future. According to the new

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fishing arrangement next year, the catch of these fishing vessels will increase. The settlement of this issue is an important step towards reaching an agreement. On Monday, EU chief justice for brexit talks told members of the

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European Parliament that in response, he had made a compromise on the “framework” of the fisheries agreement and accepted that there would be a transitional period for gradual change. But Britain and Europe have yet to reach an agreement on how many EU fishing vessels in British waters will be repatriated and whether they can fish in waters 6 to 12 miles off the British coast.

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