December 1, 2020 — Boris Johnson’s officials believe a Brexit trade deal could be reached within days if both sides continue working in “good faith” to resolve what the U.K. sees as the last big obstacle in the talks — fishing rights.
Foreign Secretary Dominic Raab called on the European Union to recognize that regaining control over British waters is a question of sovereignty for the U.K. He drew a positive picture of the state of negotiations and said he believed a deal on fish “ought” to be achievable during what could be the final week of talks.
“I think it’s important that the EU understand the point of principle,” Raab told the Sophy Ridge on Sunday show on Sky News. “If they show the pragmatism, the goodwill and the good faith that in fairness I think has surrounded the last leg of the talks, and certainly we’ve shown in our flexibility, I think there’s a deal to be done.”
If negotiations fail, millions of businesses and consumers will face higher costs, with tariffs on goods as well as disruption to critical supply chains. The Brexit transition period ends on Dec. 31, when the U.K. is scheduled to leave the EU’s single market and customs regime.