Brexit negotiations restart in person as clock ticks down

European Union’s Chief Brexit negotiator Michel Barnier heading towards Brexit negotiation in London, UK.

By: Reuters | London |

November 29, 2020 12:59:36 pm






European Union’s Chief Brexit negotiator Michel Barnier heading towards Brexit negotiation in London, UK. (Via Reuters/Henry Nicholls)

European Union negotiator Michel Barnier arrived for talks in London on Saturday morning. He said on Friday night that he was “very happy” to be back in the city and would keep working with “patience and determination”. Barnier and Britain’s chief negotiator David Frost are working to secure a deal before the UK’s transition period with the European Union ends on December 31.

Both sides are calling for the other to compromise on the three main issues of contention – fishing, state aid and how to resolve any future disputes. Britain left the bloc on January 31 this year and a “no-deal” final exit would snarl borders, spook financial markets and disrupt delicate supply chains that stretch across Europe and beyond — just as the world grapples with the vast economic cost of the COVID-19 outbreak.

British Prime Minister Boris Johnson spoke to Irish Taoiseach Micheal Martin on Friday evening. Johnson underlined his commitment to reaching a deal that respects the sovereignty of the UK, according to a UK statement. On the major sticking point of fishing, some media reports on Friday suggested that Britain had rejected an EU proposal on the value of fish quota that European fleets catch in British waters that are due to be restored to the UK. The Telegraph newspaper reported that the EU was set to concede on Brexit fishing rights.

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