BRUSSELS (AP) – With the second Brexit deadline disappearing in the rearview mirror, progress on phishing rights on Sunday has been elusive for the European Union and Britain – leaving both without a trade deal due to cutting chaotic, costly economic edges. Break on New Year’s Day.
Despite hundreds of thousands of jobs at stake across the economy, the small sector of the fisheries continued to dominate between the 27-nation group and the UK, highlighting the animosity that led to Brexit divorce over the past four years. Britain left the block in January, but the 11-month economic transition period ends on 31 December.
“We continue to work hard,” EU chief negotiator Michelle Barnier said in a statement shining on EU headquarters on Sunday.
The office of British Prime Minister Boris Johnson said the EU “continues to make demands that are inconsistent with our independence. We cannot accept deals that do not fall under our own laws or water control. ”
Barner did not question whether both parties “have the right to make their own laws and control their own waters.” But, he responded, “We should both be able to act when our interests are at stake.”
The fighting words shattered all hope that a deal could be reached before midnight, which the European Parliament had set a new year for if there was enough time before the new year to monitor and approve the deal. Officials from both parties said conditions were barely moving forward in the weeks leading up to the ongoing talks.
A senior British government official said the two sides were “negotiating all day and expect to continue tomorrow. Negotiations remain difficult and significant differences remain. ”
The European Union’s top Brexit legislators are due to meet on Monday to reassess their options when their terms were ignored by both parties. The deadline is set and missed during a four-year intense divorce proceedings.
The almost mythical sense of Britain’s right to rule its waves was an essential part of forcing the Brexiters to win the 2016 referendum. Johnson is seeking to ensure that as much of the distributed British water as possible is now returned only to UK ships.
The European Union has always maintained that the water has been shared for decades, if not centuries, and if the right to fishing is forcibly taken away, it will punish Britain by imposing heavy import fees on the mainland market, which is required for UK seafood. Industry.
Stability has left the overall negotiations unresolved rather than bidding for deals with businesses on both sides which will cost billions. Johnson’s art could not be done.
“We need to get any deal based on respect and conditions for what the British people voted for,” his office said.
An official from the EU’s coastal nation said the EU was refusing to yield more than a quarter of the fishing quota, while Britain was regaining full control of its waters due to the Brexit. Britain is also adamant that the year-to-year transition period will be enough for EU fishermen to adapt to the new rules, while the EU wants at least six years.
The officer spoke on condition of anonymity because the conversation was still ongoing.
Failure to reach a post-Brexit deal will lead to further chaos on Britain’s borders with the EU in early 2021, while new tariffs will add to other barriers to trade imposed by both sides. Negotiations in recent days have captured two main issues – the EU’s access to the UK’s fishing waters and the guarantee of fair competition between businesses.
The trade deal will ensure that there are no tariffs and quotas on trade in goods between the two parties, but there will still be technical costs, partly associated with no tariff barriers on customs checks and services.
While both sides will suffer financially from the failure to secure a trade deal, most economists believe that the British economy will be hit hardest, at least in the near term, as it is relatively more dependent on trade with the EU.
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Jill Less Less contributed to Lil’s report.
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