22/12/17

Gibraltar Covered in Brexit Transition, UK PM Says

Gibraltar has welcomed recent assurances from the UK's Prime Minister, Theresa May, that it will be covered in any Brexit transitional period negotiated with the EU, reports Low Tax.

Gibraltar's Government said May's assurance made in the House of Commons earlier this week reiterates earlier statements that Gibraltar will be included in Brexit negotiations for both the transitional period and any future agreement, contradicting statements made by Spain and the EU.

Gibraltar says it has already received the unequivocal commitment of David Davis, the UK Minister in charge of the UK's Brexit negotiations, that the UK "will not do the deal" with the EU on future trade if it does not include Gibraltar, as well as May's own assurances, on Gibraltar's National Day this year, to "safeguard the Rock, its people, and its economy."

Gibraltar's Government says its position is that a transitional period, which largely extends the existing relationship of the UK with the EU until the end of 2020, should similarly extend the existing relationship of Gibraltar with the EU until that time. It says it will continue to work with the UK to secure a Brexit that works for Gibraltar and for all sectors of its community and all nationalities represented in its labour market, despite Spain's "predatory attitude."