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November 4, 2020

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EU and UK trade talks still stalled

EU-UK trade negotiations have so far failed to reach agreement on their three most persistent sticking points 鈥 the level playing field, fisheries and settling disputes 鈥 the bloc鈥檚 executive and sources from both sides said yesterday.

That comes after nearly two weeks of intensified talks to salvage free trade between the 27-nation European Union and Britain from 2021.

The negotiations are in a final stretch aimed at sealing a new trade agreement by November 15.

鈥淲e have not yet found a solution on fisheries,鈥 a spokesman for the European Commission told a regular news briefing in Brussels. 鈥淲e are not there yet, a lot more work remains to be done.鈥

One source, an EU diplomat following Brexit, said disagreements persisted over the divvying up of fish stocks, including Britain鈥檚 demand for annual quota negotiations. 鈥淭hat鈥檚 where we are stuck. They haven鈥檛 moved beyond these items on fisheries,鈥 said the person.

Britain left the EU in January and the estranged allies have since been locked in complex negotiations to try to agree a free trade deal by December 31.


 

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