U.K. And EU Agree To Last-Minute Brexit Trade Deal
The agreement comes a week before the Brexit transition period ends. The pact averts a worst-case divorce that would have hurt the EU economy but damaged the British economy even more.
by Frank Langfitt
Dec 24, 2020
3 minutes
With the clock ticking down, the United Kingdom and the European Union have finally agreed to a free trade deal a week before the Brexit transition period ends and 4 1/2 years since Britons voted in a landmark referendum to leave the EU.
The two sides were able to reach agreement by resolving a difficult dispute over fishing. The issue: how much to reduce European fleets' share of the catch in British fishing grounds in the coming years?
Fish account for
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