Following the UK’s departure from the EU at the end of this month, Brussels will have 11 months to attempt to come into an agreement with the UK or risk losing out on the crucial waters. Within those 11 months, both parties will attempt to establish a trade agreement before the transition period ends before the turn of this year. Such is the tight timetable to come to an arrangement that many from the continent are fearful of a hard Brexit that could hinder their fishing industry.
Commenting on the present scenario, chairman of the German deep-sea fishing association, Uwe Richter, warned of there being no arrangement between the UK and EU.
He told the German Press Agency:“If the fisheries agreement is not ratified by the end of 2020, we can no longer drive to British waters. “We see the great danger that a hard Brexit can still occur.” If no agreement is reached between the united kingdom and EU, Germany could lose out on its supply of North Sea herring which Mr Richter supported was roughly”40,000 tonnes”.
The German deep-sea fleet employs an estimated 330 seaman on seven fishing and fishing boats that would be affected by a failure to ratify a fisheries agreement. Mr Richter did confirm however, the framework for an agreement ought to be available by July 1.
The deadline for extending the transition period must be agreed before that date. However, in combination with his previous statements about the transition interval, Mr Johnson added a bit of legislation in his withdrawal arrangement to prevent MPs from asking an extension.
Although the December 31 date was set since the official conclusion of the transition period, the EU has set November 26 as the deadline for a trade deal to be agreed. Mr Johnson will meet with EU Commission president, Ursula von der Leyen this week to go over future negotiations. The meeting between the group stems as Ms von der Leyen and other EU officials have declared their fear with the short 11-month timetable to finish negotiations. Ms von der Leyen herself acknowledges the deadline as”extremely challenging”.
A spokesman for the Commission stated on Monday:”The meeting is really to talk holistically the UK’s withdrawal from the European Union and to look forward to the year ahead in all of its dimensions.” Commenting on the challenges ahead for the discussions, the spokesperson added that there was hope both will”come out with a favorable agreement at the end of the year”.
After Mr Johnson’s bill passed the first stages in the Commons last month, MPs will vote on the final adjustments this week. The vote is expected to be concluded this week before being sent to the House of Lords next week. On its return, MPs will subsequently run the last vote January 27 until it is given Royal AssEu ent and thus enshrined in legislation.
Away in the discussions between the EU and UK, Chancellor of the Exchequer, Sajid Javid has set a date for his initial post-Brexit Budget statement. Mr Javid will conduct the Budget on March 11 and hEu as sworn to a spending spree to assist areas that were left behind in the united kingdom.