Commissioner says Europe will seek fishery access and UK will want concessions for City
The EU’s trade commissioner has suggested there could be a last-minute trade-off with Brussels offering the City of London access to European markets in return for European fleets retaining their fishing rights in British waters.
The UK’s financial services sector will lose its automatic right to serve Europe-based clients at the end of the transition period and the EU will need to negotiate access to UK waters for its fishing boats.
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