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Prospect of Agreement on "Fishing" in Brexit Negotiations

In the Brexit negotiations between the UK and the European Union, the prospect of an agreement on "fishing" appeared.

Prospect of Agreement on "Fishing" in Brexit Negotiations
Yazar: Elif Dinçer

Yayınlanma: 2 Kasım 2020 15:57

Güncellenme: 7 Kasım 2024 14:23

Prospect of Agreement on "Fishing" in Brexit Negotiations In the Brexit negotiations between the UK and the European Union, the prospect of an agreement on "fishing" appeared. The parties focused on a solution to clear the eight-month fishing dispute that blocked their planned trade deals. The prospect of a solution has emerged between the parties regarding fishing, which is one of the biggest obstacles in the Brexit negotiations closely monitored by the markets. According to a report based on Bloomberg officials who are knowledgeable about the EU side, it is envisaged that there will be an agreement on the fishing access of the European Union boats in the UK, as a sign that the UK and the EU can also reach an agreement until the specified period in mid-November. The possible solution would allow Britain to regain control of its seas, an important desire, and pave the way for the country's fishing industry to hunt more than it is now. However, it seems likely that important decisions on the exact quotas allocated to significantly European Union boats will be postponed to another date. This means that EU boats will not be lost immediately, and any dispute over how to share catches in the coming period will not hinder a wider agreement. Although the fishing industry constitutes only a small part of European economies, it is at the forefront as one of the sectors with political influence for Britain and France. Although the European Union made a broader agreement with the UK on the condition that an agreement on fisheries was reached, this problem became one of the biggest obstacles to the agreement.
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