December 22, 2020
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0:51Now PlayingThe European Union rebuffed Prime Minister Boris Johnson’s latest concessions on fishing rights, dealing a setback to efforts to secure a post-Brexit trade deal.
Johnson spoke with Commission President Ursula von der Leyen twice by phone on Monday to try and break the deadlocked negotiations. The U.K. put forward a proposal that would see value of the fish EU boats catch in British waters shrink by 30%, a substantially smaller drop than the 60% it was demanding last week.
The bloc, however, refused to accept a reduction of more than 25%, saying even that was hard for countries like France and Denmark to accept, according to officials with knowledge of the discussions.
With only nine days left before the U.K. leaves the single market and customs union -- with or without an agreement -- there are few signs a deal is within reach. Without an agreement on how much fish EU boats will be allowed to catch in British waters, the wider accord risks collapse.
But it’s not as simple as just the raw numbers, which is why, as the two sides continue to talks, a compromise still isn’t out of the question.
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