British Prime Minister Boris Johnson has rejected the EU’s fishing proposal which was presented by Michel Barnier after he offered £90m for Europe to have access to the UK fishing waters.
The UK government rejected Brussels £90m offer which will amount to 15 per cent of the total worth of profit European fish dealers makes from the UK waters every year according to RTE’s Brexit Republic podcast, describing it as “not enough and too low”.
The UK government demands the EU increase its offer if it wants to really secure access to the UK waters for its fishermen next year.
The Europe Editor Tony Connelly explained, “Barnier has spoken about the €650million worth of fish that the European fleet catch in British waters. They want to take that and see how much of that can be passed over to UK boats.
“So what if the EU said you can get €100m of that back as a package of value that you can get showing this is the value we are getting out of Brexit in terms of the amount of fish we can get. The theory is that would give the UK a tangible gain on stock shares while allowing EU fleets to maintain a significant amount of access to UK waters and a significant share of fish quotas.
“It is probably not enough if that’s the way we’re going but that is the direction of travel in terms of reaching a deal.”
However, some EU officials noted that the figure would be too low for Britain to accept and give access to its fishing water.
“If the wider negotiations are going well and there’s a possibility of a deal there, then at some point somebody will say, okay, enough is enough, let’s split the difference,” an official told RTE.
Mr Connelly also hinted that the EU leaders have admitted it will suffer a drop in quota, “EU member-states will try to do some burden-sharing amongst themselves so not one single member-states takes all the pain of the quota loss.”
Brexit negotiations remain stalled even after a call between Boris Johnson and Ursula von der Leyen, with both sides admitting that large differences remain ahead of weeks of talks.