In a bid to allay the fears of Britain leaving the EU without an agreement in just 80 days time it also pledged an updated information campaign.
Adverts are set to run across the Government’s social media in the run-up to the ‘do or die’ departure from the EU being threatened by Prime Minister Boris Johnson.
A Government statement also read: “Gibraltar is not in the EU Customs Union.
“We have no manufacturing industry, no agriculture and no fishing industry.
“This means that in general terms we are better off than the United Kingdom in terms of the magnitude of the change that we can expect.”
Meanwhile businesses need to check that there are ‘no issues’ with supply chains and visit www.gibraltar.gov.gi, a spokesperson said.
Crunch talks with food importers and the Environmental Safety Group have also been held, the Government said.
Deputy Chief minister Joseph Garcia said there had been ‘over fifty meetings’ with companies and businesses.
He added: “We voted to remain in the European Union and this is still the preferred position of the Government.
“However, we nonetheless need to prepare for our possible departure.”
It comes as shadow home secretary Diane Abbott appeared to suggest that Labour was ready to table a no-confidence motion in Johnson.
“We are talking to all of the other parties in parliament and if we move for a vote of no confidence we want to do it with confidence that we can win it,” she said.