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2021-01-11
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¾Ú¡m½Ã³ø¡n¡]Guardian¡^³ø¹D¡Aªñ´Áª½±µ°Ñ»P½Í§Pªº¬ù¿«»¹©M¶¾¼wµÜ®¦¡A12¤ë24¤é¦­¤W¦A³q¹q¸Ü«á¡A¬°¨óij¥¿¦¡©çªO¡C¨óij¯A¤Î½d³ò¼sªx¡A°£®·³½Åv¥~¡AÁÙ¥]¬A¥Á¶¡®Ö¯à¡]nuclear energy¡^¦X§@¡A¥Á¯è¡]aviation¡^³sôµ¥¤è­±¡C«ö·Ó¨óij¡A­^°ê³f«~¦b¶i¤J¼Ú¬w¥«³õ®É¡A¥i«O¯d¡u¹sÃöµ|¡]tariff¡^¡B¹s°tÃB¡vªº«Ý¹J¡A·í¨óij¥Í®Ä«á¡AÂù¤è¥i´N¨óij¦³Ãö¸gÀÙªº±ø¤å¶i¦æ¥¿¦¡ÀË°Q¡A­Y¦b¸¨¹ê¨óij¤W¥X²{ª§½×¡A¤£·|´£¥æ¼Ú¬wªk°|¡]European Court of Justice¡^¥òµô¡]arbitration¡^¡A¦Ó¬O«ö°ê»Úªk¡]international law¡^³B²z¡C

­^°ê°ê·|¡]U.K. Parliament¡^¤Uij°|¡]House of Commons¡^¹w­p¸t½Ï¸`¹L«á¶}·|¼f§å¨óij¡A¼Ú·ù27¦¨­û°ê«h¦ô­p·|Á{®É³q¹L¨óij¡Aµy«á¦A¥æ¥Ñ¼Ú¬wij·|¡]European Parliament¡^ªí¨M¡C

­^¼Ú±µªñ¹F¦¨¶T©ö¨óijªº®ø®§12¤ë24¤é¸û¦­®É¶Ç¥X«á¡A¥«³õ¤ÏÀ³¥¿­±¡A­Û´°´I®É100«ü¼Æ¡]London FTSE 100 index¡^¤@«×¤W¤É0.3%¡A­^Âé§I¬ü¤¸¶×»ù¤W¤É0.6%¡A§I´ä¤¸¥ç¤Éªñ0.6%¡A³ø10.534´ä¤¸¡C

Brexit trade deal reached with U.K.'s huge concessions on fish

¡iĶ¤å¡jWhile the Brexit transition period ended at the end of December, the trade negotiations between the U.K. and the European Union ¡]EU¡^ has dragged on for a long time due to various issues such as fisheries. According to the British media on 24 December, the U.K. Prime Minister Boris Johnson had made a significant concession on fishing rights in a bid to reach a trade agreement as soon as possible. Soon after the problem of fishing quotas for different fish species had been resolved on 24 December, both sides announced that a historic free trade agreement had formally been reached so as to avoid a "hard Brexit" for the U.K.

In a press conference announcing the deal, Johnson said that the agreement was beneficial to both the U.K. and the E.U., emphasizing that the U.K. would still be the EU's ally and number one market. A spokesperson for the British Prime Minister's Office said that the agreement covered a collective market worth $668 billion pounds ¡]approximately HK$7 trillion¡^, which was the largest bilateral trade pact in history, forming the basis for the future partnership of both sides. The U.K. government said that the promises made during the 2016 referendum and in the general election last year had been fulfilled by this deal as the country had regained control over the fields such as borders, laws and trade. The European Commission President Ursula von der Leyen said she was happy and felt relief after reaching the agreement.

It was reported that the representatives of both sides reviewed the deal document with around 2,000 pages long day and night, and with several phone calls made between Johnson and von der Leyen, an agreement on the significant areas of fair competition and security cooperation was eventually reached. Johnson even made major concessions on fishing rights - the most critical topic of the negotiations, in which the U.K. requested only a 25% cut in the volume of fish caught by EU boats in its waters, a substantial drop from the 60% it was originally demanding, with a five-and-a-half-year transition period to remove the final barriers of the negotiations. Both sides kicked off negotiations on 24 December further to finalize the details on various fish species and fishing quota shares in different zones, and an EU official expected earlier that it might take just a few hours to come up with a consensus.

According to the Guardian, Johnson and von der Leyen, who were directly involved in the recent negotiations, made a formal decision for the deal soon after their tele-conversation on the morning of 24 December. Apart from fishing rights, the agreement provided for wide-ranging cooperation on nuclear energy and aviation etc. It had also secured zero tariffs or quotas on goods from U.K. entering the E.U. market. After the agreement came into force, both parties would be able to conduct a formal review on the economic provisions, and any dispute over the implementation of the deal would no longer be subject to arbitration of the European Court of Justice, but to be handled in accordance with general international law.

The House of Commons of the U.K. Parliament was expected to deliberate the deal document soon after Christmas, while the 27 EU member states might approve the agreement provisionally, and then submit the document to the European Parliament for a vote later on.

Following the news released on 24 December that the U.K. and the E.U. were entering into a trade agreement, the market had responded positively. The London FTSE 100 index traded up around 0.3%, and the pound was also up approximately 0.6% against both U.S. and Hong Kong dollars, closing at HK$10.534.¡´Ãe¹Å»ö

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