World

Brexit trade talks enter desperate 'final hours'

Fishing rights still the main issue holding up a deal

Updated 5 years ago · Published on 18 Dec 2020 11:10PM

Brexit trade talks enter desperate 'final hours'
British and EU negotiators head into the final hours of negotiations as they struggle to come to a post-Brexit deal. – Pixabay pic, December 18, 2020

BRUSSELS – British and EU negotiators plunged into the “final hours” of their scramble for a post-Brexit trade deal today, deeply divided on the highly-charged issue of fishing rights.

The UK will leave the EU single market in less than two weeks and time has all but run out for any agreement to be approved in time to head off a severe economic shock.

The European Parliament has demanded that it see the text of any accord by Sunday at the latest, and the UK government says it will not allow talks to go beyond December 31.

Brussels’ chief Brexit negotiator Michel Barnier told the MEPs before heading to talks with his UK counterpart David Frost that today marked a “moment of truth”.

“We have very little time remaining, just a few hours to work through these negotiations... if you want this agreement to enter into force on January 1.”

Britain left the European Union on January 31 and will leave the EU single market on December 31 at midnight, with or without a follow-on accord.

Last call?

Without a trade deal, cross-Channel trade will be conducted on basic WTO rules and a market built over 47 years of economic integration will be disrupted by tariffs on goods. 

Late yesterday, Britain’s Prime Minister Boris Johnson and EU chief Ursula von der Leyen held talks by phone that failed to break the logjam in the eight-month-old negotiation.

After the call, a Downing Street spokesperson said: “The prime minister underlined that the negotiations were now in a serious situation. 

“Time was very short and it now looked very likely that agreement would not be reached unless the EU position changed substantially,” the official warned.

Unlike previous encounters, which resulted in a joint EU-UK statement, von der Leyen gave her own account of the call.

“We welcomed substantial progress on many issues, yet big differences remain to be bridged, in particular on fisheries,” she said. 

“Bridging them will be very challenging. Negotiations will continue tomorrow.”

Barnier confirmed that fishing remains the main sticking point, with both sides now moving closer on the broader rules for ensuring fair competition.

And he stressed that the issue of fish could not be side-stepped: “Everything comes together as a whole. Nothing’s agreed until everything is agreed.”

Britain is adamant that it will decide who gets to fish it in its waters after January 1, but Brussels wants to secure a long-term agreement guaranteeing access for EU boats. 

“On a personal note, I don’t think it would be fair, nor acceptable, if European fishermen were not allowed... to have access to those waters,” he said.

If the deal passes, he said, British companies trading in other areas would “remain stable in their rights”, but EU fishing crews could lose out. 

Traffic jams

“So that wouldn’t be fair, that wouldn’t be honest,” he said.

Many in Brussels see the doom-laden rhetoric coming from both sides as manoeuvring for advantage in the last moments before the deal – which is said to be 95% ready – is signed. 

“It’s like always in politics. It happens always at the end,” veteran MEP and former Belgian premier Guy Verhofstadt told Sky News.

Nevertheless, as he prepared to head across Brussels to see Frost, Barnier sounded a pessimistic note. 

“I think I’ve always been frank with you, and open and sincere,” he told the MEPs.

“I cannot say what will come up during this last home straight of the negotiations. We have to be prepared for all eventualities.”

Meanwhile, unprecedented numbers of heavy goods vehicles are seeking to cross from France to Britain as the post-Brexit transition period comes to a close.

Traders are rushing to stockpile goods before December 31, exacerbating delays caused by the pre-Christmas rush and disruption to shipping from the coronavirus crisis. – AFP, December 18, 2020

Related News

Opinion / 1mth

Andy Burnham and a new Britain: Why we  should pay attention

World / 1mth

UK Prime Minister Keir Starmer announces resignation

Malaysia / 2mth

Identifying dyslexia in Malaysian schools and learning to cope

Malaysia / 3mth

MOH: 850 med students affected by UK policy shift can complete housemanship locally

Education / 3mth

Newcastle University confirms students from Malaysian campus placed on reserve list

Opinion / 3mth

'UK degrees' devalued as qualifications earned from Malaysian campuses blocked

Spotlight

Malaysia

RM245m Penang Hill cable car project 32 per cent complete - CM

By Ian McIntyre

Malaysia

Six locals charged over alleged kidnapping of Singaporean couple in Johor

Malaysia

PM: No political, racial or religious shield for those found guilty in TH, Felda probes

Malaysia

Singapore security guard jailed 14 days, fined RM7,000 for insulting Islam

Health

Dengue cases soar 56% to 58,079 as nation records 55 deaths

Malaysia

NGOs urge BERSAMA to put Indian community agenda on political radar

By Alfian Z.M. Tahir

Health

MOH warns seniors against unproven hydrogen inhalers

Malaysia

Former Tabung Haji CEO remanded seven days as MACC RCI probe deepens

Malaysia

21 held in KLIA-Nilai crackdown on alleged online love scam syndicate

You may be interested

World

South Korea estimates North Korea has up to 120 nuclear weapons

World

Sydney Airport faces fourth air traffic control incident in a month

World

China expands Philippine sea presence as Japan-Philippines maritime ties deepen

World

US debt surges past US$40 trillion as Trump presses for lower interest rates

World

Trump threatens ‘tremendous’ economic consequences for countries giving Iran a lifeline

World

China-Indonesia talks put South China Sea, defence and investment in focus

World

Singapore caregiver jailed nearly 10 years, caned eight strokes for torturing schoolchildren

World

Harry and Meghan reportedly set for extended return to Britain, six years after royal exit