Brexit LIVE: EU gives in and offers to SLASH fishing quota – UK offered £104m compromise
THE EUROPEAN UNION is finally ready to give ground over its stance on fisheries, with Brussels set to dramatically slash the fishing quota and offer the UK a £104million compromise in a bid to break the deadlock in post-Brexit trade talks.
Brexit: Sunak says UK is prepared regardless of trade deal
Brexit negotiator Michel Barnier will reportedly propose that 15-18 percent of the value of fish quota that European fleets catch in British waters be restored to the UK. RTE Europe Editor Tony Connelly tweeted: “The EU’s chief negotiator Michel Barnier will propose that between 15pc and 18pc of the fish quota caught in UK waters by EU fleets will be restored to the UK under a free trade agreement, @rtenews understands. EU vessels catch on average €650 million in quota each year from UK waters, meaning Barnier’s offer would be worth up to €117m. These would be in demersal and pelagic stocks.”
But one person replied: “The EU are clearly not getting that they don’t get to give us a percentage of our fish stock.
“The correct stance is, we’d like access to ‘x’ percent of your fish stocks.”
A UK source close to the trade talks told Express.co.uk: “It’s derisory. There’s nothing more to say about it.
The EU’s chief Brexit negotiator will travel to London this weekend after he had warned UK counterpart David Frost on Wednesday he would pull out of the upcoming trade talks if Britain did not shift its position.
Fishing has arguably remained the biggest sticking point, with Brussels continuing to push the UK for concessions on access to British waters.
Brexit latest: The EU is ready to give ground on fisheries and offer the UK a huge compromise
Brexit latest: Michel Barnier is expected to travel to London to resume trade talks
London had suggested a review could take place in 3-4 years in an attempt to make significant ground on the issue, but the EU suggested in a meeting conducted by video link earlier this week this could be reviewed in 10 years – tying UK to the bloc’s rules for a further decade.
But Mr Johnson has stood firm and told the House of Commons on Wednesday he guaranteed British sovereignty would be protected for the whole of the UK over the transition period is completed in just over four-weeks’ time.
The Prime Minister told Parliament: “Our position on fish has not changed.
“We will only be able to make progress if the EU accepts the reality that we must be able to control access to our waters. It is very important at this stage to emphasise that.”
Brexit latest: Boris Johnson has sent a huge warning to the EU over fishing rights
1.02pm update: EU diplomat warns “only a few days left” for trade talks
An EU doplimat close to the post-Brexit trade talks between the UK and EU has warned there is only a few days remaining to reach a deal.
“The gaps on level playing-field, governance and fisheries remain large,” the diplomat said following a closed-door briefing given by Michel Barnier, who was updating national diplomats on progress made in Brexit negotiations.
“Without London taking the necessary decisions quickly, reaching a deal will be all but impossible.”
12.45pm update: Boris Johnson warns likelihood of deal is ‘very mich determined’ by EU
The Prime Minister told reporters: “Clearly there are substantial and important differences still to be bridged but we’re getting on with it.
“The likelihood of a deal is very much determined by our friends and partners in the EU — there’s a deal there to be done if they want to do it.”
Brexit latest: Boris Johnson says the likelihood of a deal depends on the EU
12.35pm update: EU to offer UK fishing deal in major breakthrough
The EU is set to finally give ground over its stance on fisheries by offering to slash the fish quote in a compromise worth up to £104million.
RTE Europe Editor Tony Connelly tweeted: “The EU’s chief negotiator Michel Barnier will propose that between 15pc and 18pc of the fish quota caught in UK waters by EU fleets will be restored to the UK under a free trade agreement, @rtenews understands.
“EU vessels catch on average €650 million in quota each year from UK waters, meaning Barnier’s offer would be worth up to €117m.
“These would be in demersal and pelagic stocks.”
12pm update: Frost issues huge warning to Barnier over Brexit deal
The UK’s chief Brexit negotiato David Frost said he will continue to see if conditions for a post-Brecxit trade deal exist and although it is late, an agreement is still possible.
But he warned for any deal to be possible, “it must fully respect UK sovereignty”.
Lord Frost tweeted: “I look forward to welcoming @michelbarnier and his team to London and to resuming face-to-face talks tomorrow. We are glad all are safe and well.
“Some people are asking me why we are still talking. My answer is that it’s my job to do my utmost to see if the conditions for a deal exist.
“It is late, but a deal is still possible, and I will continue to talk until it’s clear that it isn’t.
“But for a deal to be possible it must fully respect UK sovereignty.
“That is not just a word – it has practical consequences.
“That includes: controlling our borders; deciding ourselves on a robust and principled subsidy control system; and controlling our fishing waters.
“We look to reach an agreement on this basis, allowing the new beginning to our relationship with the EU which, for our part, we have always wanted.
“We will continue to work hard to get it – because an agreement on any other basis is not possible.”
Brexit latest: David Frost has issued another huge warning to Michel Barnier
Boris Johnson has been brutally attacked by an MP who warned if he does not fulfil promises to “take back control” from the European Union in any Brexit deal, “we will not be a free nation” and would leave the country locked to Brussels’ rules and regulations for years to come.
Fears of a no-deal outcome intensified on Friday when the EU’s chief Brexit negotiator Michel Barnier warned diplomats he still did not know if a post-Brexit trade deal could be agreed with the UK.
The Prime Minister has been told by the chief whip of the Democratic Unionist Party (DUP) that his Withdrawal Agreement with the EU is “fatally flawed”.
Sammy Wilson warned the treaty agreed last year will leave the UK locked to EU rules and regulations in several areas, and would leave Northern Ireland in the single market that would see the country subject to all laws from Brussels.
The MP for East Antrim warned Mr Johnson if the same “mess” happens with the future trade deal currently being thrashed out with the EU, “we will not be a free nation”.
Brexit news: Boris Johnson has been issued a huge warning over the impacts his deal could have on the UK
Brussels has been ordered to trigger immediate preparations for a no-deal Brexit after Michel Barnier issued a gloomy warning over the future of the trade talks.
European Commission President Ursula von der Leyen was told eurocrats must get to work on emergency plans because a “no-deal outcome cannot be excluded”.
Member states were issued the warning after Mr Barnier told a private meeting of EU27 ambassadors reaching a deal will be “impossible” if Boris Johnson refuses to surrender on fishing rights and state aid rules.
An EU diplomat said: “Ambassadors took note of the fact that a deal cannot be guaranteed at this stage and a no-deal outcome cannot be excluded.
“There was consensus among Ambassadors that the EU needs to prepare diligently for all possible outcomes.”
9.30am update: Pound hovers close to three-month high as market awaits Brexit progress
Sterling is hovering close to its three-month high with markets still anticipating the UK can still agree a post-Brexit trade deal with the EU – despite several stumbling blocks still remaining.
The pound was flat against the euro at 89.205 pence and also unchanged against the US dollar at $1.3369 in early trade oin Friday morning.
But Marshall Gittler, Head of Investment Research at BDSwiss Group, warned of chaoe next year – regarldes if there is a deal or not.
Nicola Sturgeon has also said a second vote on Scottish independence should take place in the earlier part of the devolved Parliament’s next term, which begins next year – potentially tearing apart the UK after Brexit.
Mr Gittler wrote in a research note: “Deal or no deal, there’s sure to be chaos early next year.
If that encourages people to vote to leave the UK it would be a double blow to the currency.”
Brexit news: Brussels has been ordered to trigger immediate preparations for a no-deal outcome
Michel Barnier has refused to say whether a Brexit trade deal is possible or not as “significant divergences” continue to block progress.
The Brussels diplomat announced he will travel to London for face-to-face talks with his UK counterpart Lord Frost this evening.
In a private meeting of EU27 ambassadors, Mr Barnier admitted he was uncertain whether he will be able to clinch a deal because of disputes over post-Brexit fishing rights and common standards.
EU sources said their negotiator “wasn’t particularly optimistic” over the chances of securing a deal.
“Barnier said a deal remains difficult,” one insider said.
8.43am update: Barnier confirms he will travel to London for talks but ‘same significant divergences persist’
The EU’s chief Brexit negotiator has tweeted: “In line with Belgian rules, my team and I are no longer in quarantine. Physical negotiations can continue.
“I am briefing Member States & @Europarl_EN today. Same significant divergences persist.
“Travelling to London this evening to continue talks w/ @DavidGHFrost + team.”
Brexit latest: Michel Barnier confirmed he will travel to London to continue talks with David Frost
8.39am update: Brexiteer demands UK end trade talks if EU does not change stance
Conservative MP John Redwood has urged UK negotiators to walk away from post-Brexit trade talks with the EU if Brussels does not quickly change its stance on a number of sticking points.
He tweeted: “We do not want to surrender our fish, our laws and our courts to the EU.
“If the EU still wants us to compromise on these there should be no more talks.”
Michel Barnier will urge hardline EU fishing states to back a compromise Brexit deal during crunch talks today.
The meeting was announced as insiders said the negotiations over the future relationship pact are “completely stuck”. But British officials insisted they wound’t cave in to demands for near-parity access for EU vessels to the country’s waters.
Mr Barnier is expected to warn Ministers Downing Street is refusing to drop its demands for full control over UK fishing grounds and a significant boost in quota shares.
He believes a concession on fisheries could pave the way for No10 offering more generous terms in the stand-off over state aid rules.
One source told Express.co.uk: “That’s the price the UK needs to pocket for a compromise on the level playing field.”
Mr Barnier will also brief EU27 ambassadors on the state of play ahead of a make-or-break weekend of negotiations.
Brexit latest: The UK is edging closer to leaving the EU
8.14am update: Barnier expected in London this weekend following no-deal threat
Michel Barnier is expected to travel to Lodnon to resume post-Brexit trade talks with the UK this weekend as time tuns out to get an agreement over the line before the transition period deadline ends on December 31.
The EU’s chief Brexit negotiator has warned UK counterpart David Frost on Wednesday he would pull out of the upcoming trade talks if Britain did not shift its negotiating stance within 48 hours.
On Thursday evening, Downing Street would not confirm whether discussions would go ahead.
When asked if Mr Barnier is expected in London this weekend, he said: “That is a matter for the EU and a decision for them to take.”
But EU sources have suggested the chief Brexit negotiator is expected to travel to Lodnon to resume face-to-face talks.
The UK believes the EU will not “drink up” a bid to secure a Brexit trade deal despite official forecasts warning of a major economic hit if a trade deal is not secured.
Whitehall sources last night suggested a deal was not likely before next week at the earliest as the talks between both sides continue virtually in a desperate bid to secure a deal.
The UK is set to leave the single market and customs union in any event but work continues on a deal to allow smooth trade with no quotas or tariffs.
However, talks between both sides have been stuck at an impasse on the issues of fishing rights, the governance of any deal and the “level playing field” conditions aimed at preventing unfair competition by cutting standards or increasing state subsidies.
Environment Secretary George Eustice said: “It’s no secret that there have been two difficult sticking points – state aid and fisheries.
“Our negotiating team is working hard to try and get a breakthrough and to ensure that we have a free trade agreement and a future partnership.”
Similar Recent Posts by this Author:
- A PRICE TO BE PAID BY A COD WAR AS TRAITORS TO BREXITEERS WILL BE DEALT WITH
- BORIS CLIMBDOWN – SO BREXIT IS NOT “DONE” THEN, AS THE FRENCH GET ACCESS TO BRITISH FISHING WATERS
- BORIS IS NOW GOING TO CON THE BREXITEERS – AN EU SHAM DEAL – WITH DOUBLE CROSSING GOVE IN CHARGE, BACK STABBING THE BREXITEERS IS CERTAIN
- WHEN IS APRIL FOOLS DAY, BORIS?
- IF BORIS THINKS BREXITEERS ARE ONLY RIGHT WING – HE SHOULD WATCH HIS COMFORT ZONE. MOST BREXITEERS DESERTED CORBYN FOR A LEXIT – RISKY BUSINESS BORIS
- IT’S CALLED THEFT – FOREIGN COUNTRIES ARE STEALING OUR FISH – BORIS MUST DEMAND REPARATION & DIPLOMATIC EXPULSION