What happened: A packed-out Gibtelecom Conference Hall saw GFSB and Chamber members gather for a Brexit Treaty Members Forum intended as a listening session. Sector-specific business groups were also present at the session. It quickly became clear that this was less Q&A and more “questions and questions”. There are still too many unknowns, and anxieties (and tempers) are running high.
The mood: Frustration. Worry. Anger. A strong sense that the knock-on effects will reach far beyond importers and retailers. Concerns ranged from poor business licence enforcement, unregulated cross-border service providers and maintaining a level playing field, to accountability and even the perceived loss of Gibraltar’s uniqueness due to lost logistic routes and higher costs of importing UK goods under the Treaty.
Key themes raised by those present:
What’s clear: Businesses want clarity before implementation, not after. There is also a shared concern that once the Treaty is ratified, political focus may move on while commercial realities intensify.
Next steps: The GFSB and the Chamber will now distil the shared issues raised both at the meeting and since the announcement of the Treaty implementation date and formally present them to Government.
Gibraltar retail is entering the real post-Treaty trading environment. GFSB Chairperson Owen Smith argues that faster support, better infrastructure and a stronger collective business voice are now needed.
Gibraltar is pitching airlines a much bigger regional market after the Treaty, but new routes require confidence years ahead. As Spanish election politics gets louder, can Gibraltar sell both the opportunity and the certainty behind it?
Changes to Gibraltar’s procurement rules have triggered a debate about how public concessions are awarded. What has changed, and what does it mean for businesses competing for Government work?
Personalised pricing allows businesses to tailor offers using customer data. As regulators examine the practice, Gibraltar firms should understand how it works and the implications for trust, transparency and reputation.
Gibraltar’s first detailed Treaty relief scheme is now in place, but businesses are still waiting for the full picture on wider modernisation support.