New EU deal protects Gibraltar’s gambling industry, says trade minister
Summary
The recent EU deal has provided crucial support for Gibraltar’s gambling industry, preventing potential risks to jobs and tax revenue, according to Trade Minister Nigel Feetham. He highlighted that without the agreement, border checks between Gibraltar and Spain could have severely impacted the local economy.
Key Points
- The EU deal is vital for safeguarding Gibraltar’s gambling sector.
- Without this agreement, jobs and tax revenues would be at significant risk.
- The trade minister expressed concern over Gibraltar-Spain border checks affecting the economy.
- This deal marks an important step in EU-UK relations post-Brexit.
- Gibraltar depends heavily on its gambling industry, making this deal critical for its stability.
Why should I read this?
If you’re interested in the dynamics of the gambling industry in Gibraltar and how EU agreements influence it, this article is a must-read! It sheds light on the significance of international relationships and their direct impact on local economies, especially in a post-Brexit context.