A historic treaty between the UK, EU, Spain, and Gibraltar came into effect on Wednesday, removing all border checks and physical fencing between Spain and the British overseas territory. Thousands of people crossed freely after midnight, marking the end of a frontier that had been a source of tension for centuries. Source: BBC
The agreement, signed in Brussels on Tuesday, makes Gibraltar a de facto member of the EU's Schengen free-travel area. At the airport and port, joint UK and Spanish officials will conduct entry checks, similar to Eurostar procedures. Source: Al Jazeera Spanish Foreign Minister José Manuel Albares insisted the deal does not alter Spain's long-standing sovereignty claim over the Rock. Source: euronews
The treaty also addresses Gibraltar's economy, which has shifted from goods to high-value services. A new transaction tax on goods aims to reduce the tax gap with Spain, while capital taxes remain unchanged. Source: elmundoes The removal of border queues is expected to benefit the 15,000 daily cross-border workers and boost regional prosperity. Source: The Guardian
Gibraltar's Chief Minister Fabian Picardo declared, "Europe is back," as crowds celebrated with Spanish flags and football jerseys after Spain's World Cup semifinal win. Spanish PM Pedro Sánchez called it the "last wall" inside the EU. Source: CNNSource: DW News
“Chief Minister of Gibraltar Fabian Picardo pulled the fence down with a rope, before hundreds celebrated at the frontier.”
“The treaty in effect brings Gibraltar into the EU’s Schengen free-travel area, which allows people from 29 countries to move among them freely without needing visas.”
“Spain's Foreign Minister José Manuel Albares said on Tuesday that his country 'is not changing a single comma' in its claim to sovereignty over Gibraltar.”
“The treaty addresses the taxation of goods by creating an indirect tax, which reduces - but does not eliminate - the tax benefits derived from buying something in Gibraltar and selling it in Spain.”