Talks are happening right now, so we have to wait to see the news conference which is timed to be early afternoon to see what we gain/lose. It's expected we shall be able to sell far more agricultural products, for example, because its intended to reduce the barriers for trade across many areas.
On fishing I consulted google:
"The UK and EU have reached a new agreement extending reciprocal access to fishing waters until June 30, 2038,
a 12-year extension of the previous arrangement
This deal includes reciprocal access for EU vessels to fish in UK waters and UK vessels to fish in EU waters. The agreement also extends energy cooperation on a continuous basis. The agreement was confirmed on May 19, 2025.
Remember it allows us to fish in EU waters.
When the original agreement came into force it did mean less fishing, but the agreement was not simply based on who gets to fish where, but in order to control the depletion of fish stocks in over fished waters
There is an incredibly complicated system of licences which control what sort of fish can be fished where in order to prevent over fishing.
So, firstly, the is no change or loss on what we already have, despite the headlines in some of the press who are in "gotcha" mode: and all the details are yet to come out
Secondly the press totally fails to mention it's tied to dwindling fish stocks and the fact we have access to EU and other waters. The deal also means it will be easier for UK companies to sell the fish they do catch in EU countries
Thirdly the government does recognise its meant difficulties and "Later today the government will also unveil a “fishing and coastal growth fund”, which will be £360 million of investment in coastal communities.
I think we have to look at the deal as a whole not just fishing as we need to find out what it means in terms of security as well as trading.
Quotes are from the BBC newsfeed, which is reporting on all the different negotiations as they come out.
www.bbc.co.uk/news/live/cx2jkz3d0drt
I'using the BBC as its an open access newsfeed and detailed.