European Union demands access to United Kingdom waters in order to sign trade deal

European Union demands access to United Kingdom waters in order to sign trade deal

European Union demands access to United Kingdom waters in order to sign trade deal

Businesses will have to take the same steps to prepare for the end of the Brexit transition period whether Britain strikes the Canada-style trade deal it is seeking, or a less comprehensive deal, Mr Johnson's spokesman said. The details are to be worked out during a transition period lasting until the end of 2020, in which relations stay essentially unchanged. "Agreement on fisheries will be inextricably linked to the trade agreement".

"The question is whether we agree a trading relationship with the European Union comparable to Canada's or more like Australia's", the former covering goods and services, the latter meaning new tariffs and other barriers. That agreement included a "political declaration" that set out the framework for negotiations on trade and other issues.

Mr. Barnier defended the EU's red lines, insisting that both sides agreed to base their future relationship on "open and fair competition" when they signed the withdrawal agreement in October.

Boris Johnson has threatened to walk away from trade talks with the European Union unless it "gets the message" that Britain will never again be bound by rules written in Brussels.

Both sides also released documents outlining in detail what they want from the talks, which must be concluded by the end of the year.

Mr Johnson said in a speech: "We want a comprehensive free trade agreement similar to Canada's but in the unlikely event that we do not succeed then our trade will have to be based on our existing Withdrawal Agreement with the European Union".

Johnson will say he expects it would be a "highly unlikely event" that the United Kingdom will not succeed in striking an arrangement like Canada, but that "in either case, I have no doubt that Britain will prosper".

Setting out a vision for Britain's future as a champion and beneficiary of global free trade, Mr said: "We are ready for the great multi-dimensional game of chess in which we engage in more than one negotiation at once".

It follows the closure of the Department for Exiting the European Union, which now leaves the responsibility of securing a post-Brexit deal with a new team called Taskforce Europe.

Boris Johnson however insisted that under any agreement "British fishing grounds are first and foremost for British boats".

With fresh negotiations set to begin next month over a UK-EU trade deal, Johnson is expected to threaten to walk away in a speech on Monday.

Mr Barnier said "we will negotiate access to the British territorial waters for European fishermen at the same time that we negotiate access to European markets for British fisheries products". "The UK's answer to this question will be fundamental to the level of our ambition of our future relationship".

After three years of fractious divorce talks, the next phase is promising to be just as bitter with a combative Prime Minister Boris Johnson insisting his country has nothing to prove to the European Union now its 47-year membership of the bloc is at an end.

"We must now agree on specific and effective guarantees to ensure a level-playing-field over the long term", he said.

Related news

[an error occurred while processing the directive]