France 'stepping back' from fishing threats against the UK

France has said it is 'stepping back' from threats of action over the post-Brexit fishing license dispute. 

The news came after Environment Secretary George Eustice acknowledged a de-escalation from French president Emmanuel Macron when he stopped an action against British boats that were threatened with potentially being implemented. 

With news of the troubles beginning to calm down, the Cabinet minister has said that there will be a meeting between Brexit minister Lord Frost had his French counterpart on Thursday. 

Britain hopes the disagreement will be resolved soon. (PA)

Along with the announcement of the de-escalation, it has been revealed that the British vessel that was impounded during the diplomatic disagreement has now been released by France. 

What will happen next?

President Macros has warned that Paris may block British boats from landing in French ports and tighten custom checks, in hopes to force the UK authorities to grant licences to French boats. 

But at the eleventh hour of negotiations, France announced the suspended threats. 

Mr Eustice spoke to Sky News this morning on the topic saying: "We welcome the fact France has stepped back from the threats it was making last Wednesday.

"We’ve always said we want to de-escalate this and always said we have an ever open door to discuss any further evidence France or the EU might have on any additional vessels they’d like to have licensed".

The sectary has also said that there will be more meetings on the topic later this week and hopes that the dispute will be resolved quickly.