Gibraltar is bracing itself for a no deal Brexit at the end of the year with Spain expected to make inroads into its sovereignty.
That is why Deputy Chief Minister Joseph Garcia spoke how the territory โmust be ready to walk away from the negotiationsโ in his New Yearโs Message.
The approach comes after Spain threatened to ask for joint sovereignty on Gibraltar ever since the UK voted for Brexit at the 2016 Referendum.
This possibility could become a reality when the UK leaves the EU with Gibraltar on January 31.
โThe clock is ticking for the UK and EU to conclude a future trade agreement before the end of the year,โ said Garcia.
โWe will need to examine very carefully the contents of any future UK/EU agreements in order to determine their relevance.
โThere is always the possibility that we could be asked to pay an unacceptable political price in order to enjoy any benefits.โ

Garcia spoke on how Gibraltar โmust rise to the challengeโ of Brexit even though it voted overwhelmingly to stay in the EU.
โIn a no deal context, it is true to say that we have dealt with whatever issues were in our control – it is quite simply impossible to have done more.
โWe need to be conscious of political mischief-making on the part of others outside Gibraltar during that sensitive period.โ
No-deal planning
The Brexit planning for no-deal when this was a possible option could then be activated if Spain was demanding too much from Gibraltar.

This would probably create huge delays at the land frontier which could hurt the local economy but is preferential to political concessions.
In order to allay this economic fallout Garcia said the government was looking to โnew markets and opportunitiesโ with countries like Morocco, Israel and the USA.
โOur long and turbulent history over centuries of battles, sieges, bombardments, political pressure, restrictions and blockades have made us resilient and determined,โ he concluded.
โThis background will always stand us in good stead.
โYou can rest assured that with skill, determination and perseverance, Gibraltar will emerge successful from this latest phase in our historical and political evolution.โ
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