iarmhiman wrote: ↑Sat Nov 28, 2020 12:36 am
I don't know . Fishing doesn't make much money though. Can't see how this could stall a trade deal
As I understand it, only about 30% of the fish caught in British waters are actually caught by British Fishermen.
But of that 30%, only about 30-35% is sold to the UK market - the vast majority is sold... to the EU.
A no deal Brexit would mean the rest of the EU loses access to to fish in UK waters - but UK fishermen would lose (tariff free) access to most of their markets, i.e. more expensive and would lose market share.
So the current arrangement is access for access... if one is lost then both will be lost.
The State Subsidy issue is puzzling given that
a) UK Conservatives were among the main drivers in establishing such EU rules in the first place - and the Tories traditionally oppose Government subsidy to Industry
b) The UK-Japan Trade Deal apparently includes rules on subsidy that are actually more restrictive than the EU rules
I'm guessing the main motivation is for Boris et al to find something (anything) that they can hold up as a "win!" Making such a big deal out of such a miniscule segment of the Economy does suggest that wins are proving hard to come by.