Gibraltar will have to โmake a successโ of tough โchallengesโ in 2020, according to the Chief Minister.
In his New Yearโs speech Fabian Picardo mentioned details of a major investment to be announced in the next couple of weeks
Picardo said everyone must work together with โstoic sacrificeโ by asking for less โto secure our childrenโs futureโ.
He noted the โcritical importanceโ of the MoUs and Tax Treaty which allowed Gibraltar to take part in the transition period.
Picardo highlighted the โdangers and opportunitiesโ of leaving the EU, pointing out the agreement of a UK common market was a โBrexit Bonusโ.
However, Picardo promised to remain firm in agreements over future relations with the EU after the expected final departure date of the end of 2020.
โAny negotiation for Gibraltar for such a deal will be conducted for Gibraltar by a team led by me or by Joseph Garcia,โ he said.
โSuch negotiations must be based on mutual recognition, mutual respect and an understanding that nothing can ever be imposed on Gibraltar.โ
Red lines
This would mean Gibraltar could opt out of a deal which gave other countries like Spain a greater say on the future of the overseas territory.
โThe Government I lead is willing to walk away if the terms proposed do not favour Gibraltar or respect our red lines,โ said Picardo.
โOur sovereignty, our jurisdiction and our exclusive control of our affairs are all non-negotiable.โ
After congratulating Pedro Sanchez on forming a coalition government, he will have breathed a huge sigh of relief he would not be up against a more right-wing Spain.
Instead he wanted to look at โpolicies based on the principle of dialogue, understanding and co-operation between our respective peopleโ.
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