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  • Britain and the EU are running out of time to clinch a Brexit trade deal.

  • But if good progress is made this week, talks could be extended, according to UK Environment Secretary George Eustice.

  • With just over four weeks left until the UK quits the EU on December 31st, both sides are demanding concessions on fishing state aid on resolving future disputes.

  • Almost a trillion dollars worth of trade is at stake.

  • Fishing rights, in particular the accounting for less than 0.1% of the UK economy have become a totemic issue.

  • Britain is demanding full control of its waters, something Brexit supporters see as a symbol of regained sovereignty.

  • Since formally leaving the bloc a the end of January, Britain has been in a transition period with rules on trade, travel and business unchanged.

  • Talks between you chief negotiator Michelle Barnier on Britain's David Frost continued through Sunday.

Britain and the EU are running out of time to clinch a Brexit trade deal.

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