7 Jan, 2020 @ 16:37
1 min read

Gibraltar might be in for a rocky ride in 2020, according to the Chief Minister’s New Year Message

Fabian Picardo

Gibraltar will have to โ€˜make a successโ€™ of tough โ€˜challengesโ€™ in 2020, according to the Chief Minister.

In his New Yearโ€™s 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 โ€˜stoic sacrificeโ€™ by asking for less โ€˜to secure our childrenโ€™s futureโ€™.

He noted the โ€˜critical importanceโ€™ of the MoUs and Tax Treaty which allowed Gibraltar to take part in the transition period.

Picardo highlighted the โ€˜dangers and opportunitiesโ€™ of leaving the EU, pointing out the agreement of a UK common market was a โ€˜Brexit 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.

โ€œAny 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.

โ€œSuch 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.

โ€œThe Government I lead is willing to walk away if the terms proposed do not favour Gibraltar or respect our red lines,โ€ said Picardo.

โ€œOur 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 โ€˜policies based on the principle of dialogue, understanding and co-operation between our respective peopleโ€™.

Click here to read more Gibraltar News from The Olive Press.

John Culatto

John Culatto

John Culatto is an expert on all things Gibraltar.

If you have a story call the office on +34 951 273 575.

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