Brexit LIVE: Barnier and Frost reach compromise on fishing – that will anger ...

A POST-BREXIT trade deal between the UK and the European Union is now on the brink of being reached after it emerged both sides have moved closer towards a compromise on fishing, in a move which will anger Leave voters.

PUBLISHED: 08:07, Mon, Nov 2, 2020 | UPDATED: 10:02, Mon, Nov 2, 2020

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The UK’s chief Brexit negotiator David Frost and his EU counterpart Michel Barnier have been locked in discussions over the weekend in Brussels. Outstanding issues over fishing, state aid subsidies and the so-called “level playing field” on competition remained at the forefront of talks.

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With less than two months to go until the official end of the Brexit transition period, it is understood a major climb-down has been made on access to UK waters.

The Prime Minister had vowed to leave the EU’s Common Fisheries Policy and take back control of UK waters, but it is thought European boats will now be able to fish in UK territories next year.

Britain has pressed for fishing quotas to be negotiated annually but the EU has so far rejected this proposal and are seeking more concrete reassurances on fishing in UK waters.

READ MORE: Farage set to relaunch Brexit Party to fight coronavirus lockdown

brexit newsBrexit live: A trade deal between the UK and EU is edging closer (Image: GETTY)

Brexit newsBrexit news: David Frost and Michel Barnier are locked in trade talks (Image: GETTY)

In a bid to secure a wider trade deal, it is understood the finer details on quotas could be delayed until a later date, which would then allow EU fishermen to continue plundering UK fishing waters from January 1, 2021.

French President Emmanuel Macron has been pilling the pressure on Mr Barnier to walk away from a deal if there is no agreement on fishing.

France’s Europe Minister, Clement Beaune, has said fisheries is “equally important for both of us, France and the UK, the EU and the UK”.

Brexit newsBrexit news: A timeline of trade talks between the UK and EU (Image: EXPRESS)

He added: “Let’s try to find a solution which respects both interests.

"I think it’s possible.”

Brexit talks between Mr Frost and Mr Barnier will resume in the Belgian capital today.

Follow Express.co.uk for live Brexit updates:

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