Investing.com investing.com 22 Dec, 2020 15:30 am

Rifts over fishing narrow but EU-UK trade deal still uncertain By Reuters

Rifts over fishing narrow but EU-UK trade deal still uncertain By Reuters
Rifts over fishing narrow but EU-UK trade deal still uncertain

EU chief Brexit negotiator Barnier meets ambassadors of EU governments in Brussels p BRUSSELS (Reuters) - Britain and the European Union have narrowed the gap on access to fish stocks from 2021, but the politically sensitive matter is still in the way of a new trade pact, Brussels sources said on Tuesday ahead of a Brexit update from their chief negotiator.The sources said the number was just one piece of the puzzle, with the length of the transition period beyond Dec.The sources said a deal could come together this week, next week, or not at all.More calls would come as needed, the sources said.

The EU's Brexit negotiator, Michel Barnier, was due to update the bloc's 27 national envoys on Brexit at 1500 GMT on Tuesday, and then speak to the European Parliament.While EU officials and diplomats said cutting the value of the bloc's catch in British waters by around 30% from 2021 would be too high, the EU was willing to go as far as 25%.

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