Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Exclusive: French lawmakers want hard line in Brexit fishing talks

06/11/2020 | 02:48pm EST
FILE PHOTO: A fisherman repairs a fishing net on the dock of the port in Boulogne-sur-Mer

By Michel Rose

French lawmakers have urged their government to stay firm over fishing in Brexit negotiations, potentially making it harder for EU negotiator Michel Barnier to reach a compromise with Britain.

In a report approved by the National Assembly's European affairs committee on Thursday, lawmakers urged President Emmanuel Macron's government to fight to keep French fishermen's right to work in British waters.

"The (European) Union must continue to guarantee that fishing won't be sacrificed to save other sectors," the report seen by Reuters says. It was co-written by Jean-Pierre Pont, a member of parliament for Macron's party who represents the town of Boulogne on the English Channel, France's busiest fishing port.

Fishing is shaping up to be one of the main sticking points in the Brexit transition negotiations.

Britain wants to become an "independent coastal state" after a transition ends this year, arguing it should have yearly negotiations to set fishing quotas with the EU as Norway does. London also does not want any agreement on fisheries to be linked to a free trade deal.

EU diplomats had told Reuters last month the bloc was willing to shift its stance on fisheries and move from the "maximalist position" of maintaining the existing situation to help forge a trade deal with Britain.

But any French refusal to budge could make it harder for Barnier, who negotiates on behalf of the EU's 27 members.

"The government must stay as firm as possible," Pont told Reuters. "Britain can't be better off outside than inside."

The increased pressure on Macron comes after his foreign minister, Jean-Yves Le Drian, who is from the coastal region of Brittany, warned he was determined to defend access to British waters.

The lawmakers also urged Paris to do more to prepare for a no-deal, which they said was the "most likely scenario".

British fishing grounds are among the richest in the North East Atlantic zone where most of the EU catch is hauled in.

(Reporting by Michel Rose; Editing by Andrew Heavens)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ACCESS CO., LTD. -0.12% 820 End-of-day quote.-14.14%
EURO / BRITISH POUND (EUR/GBP) -0.01% 0.90256 Delayed Quote.7.16%
MEMBERS CO., LTD. -4.71% 2083 End-of-day quote.-8.52%
SHIFT, INC. -4.66% 13710 End-of-day quote.71.80%
Latest news "Economy & Forex"
04:23pLawsuits claim rule that would tie government drug payments to lower prices abroad is illegal, exceeds white house's authority
04:23pPharma, biotech industry groups file two lawsuits against trump administration over drug pricing rule
04:21pHopes for stimulus drive risky assets higher despite weak U.S. jobs report
04:20pFed Readies More Guidance on Bond-Buying Plans
04:17pOil rises, hovers below $50/bbl on hopes for U.S. stimulus
04:15pHopes for stimulus drive risky assets higher despite weak U.S. jobs report
04:12pFive worrying takeaways from Friday's U.S. jobs report
04:10pNissan joins GM in exiting auto group backing Trump
04:10pU.S. efforts on Huawei executive case may save Canada's stalled China policy
04:09pU.S. Labor Nov Nonfarm Payrolls +245K; Consensus +440K -- 3rd Update
Latest news "Economy & Forex"