An agreement was reached between the UK and the European Union to relax the terms of the Northern Ireland protocol agreed as part of the Brexit divorce settlement has been received with optimism among Gibraltarians.
Brexit continues to worry Gibraltar and despite the constant messages coming from the Gibraltar Executive itself is to continue working to reach a deal, the reality is that the negotiations seemed endless.
However, the agreement on Northern Ireland also received reverberation and businessmen, politically active citizens and traders considered that “it is a step forward. “That is true Northern Ireland has nothing to do with Gibraltar”, they clarified, but the most relevant thing they saw was “it British position change“. “Earlier, referring to the Boris Johnson stage, a rapprochement with Europe seemed unlikely”, they said.
In this sense, they believe that coming Sunak Receipt and what happened lately “is a clear sign that is for dialogue and wants to be closer to Europe”. Likewise, some entrepreneurs in the financial sector recalled that “tourism has not recovered since the pandemic, investment has stopped and even though there are ongoing real estate projects, in fact the doubts have not stopped”, so they think that “The agreement will provide certainty to investors that in this scenario they are taking a bit of a risk.”
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