AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

ROME: Britain stepped up a war of words with France on Saturday, with Prime Minister Boris Johnson refusing to rule out triggering trade dispute action next week in a fishing row and his Brexit minister sharply criticising Paris' actions.

Johnson, who is hosting the UN climate summit next week, again said he did not want the spat over fish https://www.reuters.com/world/uk/post-brexit-fishing-rules-heart-new-uk-france-clash-2021-10-28 to derail this weekend's meeting of the world's 20 biggest economies, seen as a stepping stone to secure more commitments for COP26 in Glasgow.

But a volley of angry statements from Brexit minister David Frost underlined how seriously London was taking a letter sent by Paris calling on the European Union to demonstrate the damage of leaving the bloc. He described it as "very troubling".

After an earlier British-hosted G7 meeting was overshadowed by a disagreement with the EU over post-Brexit problems with the movement of sausages and other goods to Northern Ireland, Johnson also made a move to defuse the row.

"If there is a breach of the treaty or we think there is a breach of the treaty then we will do what is necessary to protect British interests," Johnson told Sky News in the Colosseum in Rome, where he is attending a G20 meeting.

Asked if he would rule out triggering dispute resolution measures in the Trade and Cooperation Agreement (TCA) next week, Johnson said: "No of course not, I don't rule that out."

"But what I think everybody wants to see (is) cooperation between the European allies and Emmanuel Macron and I share a common perspective which is that climate change is a disaster for humanity."

Relations with France have become increasingly strained since Britain voted to leave the EU in 2016, with London's security pact with the United States and Australia doing little to build trust with Paris. French President Macron has questioned Britain's "credibility".

Fishing, which dogged Brexit talks for years, while not economically crucial to either country, holds huge political importance to both, and the row, if not resolved, could trigger the beginning of dispute measures in the Brexit trade deal.

Any such measures would likely involve convening an arbitration panel and could result in a demand for compensation or suspension of obligations.

FIST BUMP

The letter sent by French Prime Minister Jean Castex to the EU calling on the bloc to demonstrate there was "more damage to leaving the EU than to remaining there" has also soured ties.

Comments

Comments are closed.