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The European Research Group (ERG) said the agreement, struck with Brussels on Christmas Eve, "preserves the UK's sovereignty as a matter of law".
Their "star chamber" of legal experts - including former Brexit minister David Jones and veteran eurosceptic Sir Bill Cash - added the deal "fully respects the norms of international sovereign-to-sovereign treaties".
Although they said the agreement's "level playing field" clauses - on common rules and standards with the EU - "go further than in comparable trade agreements", they judged their impact "is likely to be limited if addressed by a robust government".
"In any event they do not prevent the UK from changing its laws as it sees fit at a risk of tariff counter-measures, and if those were unacceptable the agreement could be terminated on 12 months' notice," their analysis concluded.
Under the terms agreed by the EU and the UK Government, 25% of EU boats’ fishing rights in UK waters will be transferred to the UK fishing fleet, over a transition period lasting up to June 30, 2026.
“In the meantime, during the period of transition agreed with the EU for both sides to adjust to the scale of the change, there will be a gradual increase in the amount of fish we are entitled to take.”
He continued: “We will use the time to invest in the UK fleet and our communities, to make sure they can take full advantage of the riches flowing back to us, and to build a sustainable industry and healthy stocks.
“I am delighted to say that details of a major funding package will be announced in the very near future.”
Who ever really thought that the island could be a winner in this deal?
I think we know who some of the 73 are.....
The thing is, I have no real problem with 'the 73'.