EU rebuffs latest British fish offer
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British Prime Minister Boris Johnson has offered a fresh proposal on fishing rights aimed at saving €735.6 billion in EU-UK bilateral trade. The two sides are haggling over just €78.6 million of fish
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Exclusive Economic Zones (EEZs of UK and neighbouring coastal states
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EU catch in UK waters (2018): €785.7 million
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Nov 27: EU’s chief Brexit negotiator Michel Barnier proposes EU fleets retain 85% of catch. Just 15% of EU quota to be phased out over 10 years Value: €667.8 million
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Dec 18: EU insists retaining 75% of catch over eight years is final offer 
Value: €589.3 million
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Dec 20: UK offers 60% of pre-Brexit catch Value: €471.4 million
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Dec 21: Latest UK offer gives EU 65% of its quota over five years, with disputes settled by independent arbitration
Value: €510.7 million
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Dec 22: European Union rejects UK’s latest concessions on fishing
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FAROE ISLANDS  261,000 km2
NORWAY 819,600 km2
UK WATERS 766,310 km2
IRELAND 880,000 km2
DK
NL
BELGIUM 
FRANCE                                                                                               
UK
GERMANY
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EU-UK trade in goods and services (2019)

EU imports from UK
EU exports to UK
                           
€323.73 billion
€410.85 billion 0.02%

Difference in value between EU’s 75% demand and UK’s 65% offer is €78.6 million
Just 0.02% of EU exports to UK
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Sources: Bloomberg, The New European, UK Parliament © GRAPHIC NEWS