New EU deal protects Gibraltar’s gambling industry, says trade minister – EGR Intel
Summary
The recent EU deal ensures the protection of Gibraltar’s gambling sector, as highlighted by Trade Minister Nigel Feetham. He asserted that a lack of agreement between the UK and EU regarding Gibraltar-Spain border checks could have jeopardised tax revenue and employment.
Key Points
- The new EU agreement is crucial for Gibraltar’s gambling industry.
- Trade Minister Nigel Feetham warns that without this deal, taxes and jobs could have been at risk.
- The agreement addresses border controls between Gibraltar and Spain.
- This development highlights ongoing negotiations affecting Gibraltar post-Brexit.
- Maintaining a stable gambling industry is vital for Gibraltar’s economy.
Why should I read this?
If you’re interested in the economic landscape of Gibraltar, especially in relation to gambling, this article spills the tea on a significant EU deal. It’s not just about gambling; it’s also key to understanding broader UK-EU relations and the implications for Gibraltar’s economy—definitely worth a read!