New EU deal protects Gibraltar’s gambling industry, says trade minister – EGR Intel
Summary
Trade minister Nigel Feetham has announced that a new agreement between the UK and the EU will safeguard Gibraltar’s gambling industry. He expressed concerns that without this deal, jobs and tax revenue from the sector would have faced significant risks due to potential border check complications between Gibraltar and Spain.
Key Points
- The new EU deal addresses concerns regarding Gibraltar-Spain border checks.
- Nigel Feetham claims job security and tax revenue are tied to this agreement.
- Without an agreement, the gambling industry in Gibraltar faced potential threats to its existence.
- The deal is expected to positively impact the local economy.
- It highlights the ongoing discussions between the UK and EU post-Brexit.
Why should I read this?
If you have an interest in gambling, trade, or the economic impact of international agreements, this article is a must-read. The protection of Gibraltar’s gambling industry is crucial, and understanding how these deals operate will keep you informed on the latest developments in this space. We’ve broken it down so you don’t have to dive deep yourself!