If you’ve been following the news, all signs point to EU/UK Treaty negotiations ending soon. Lines are drawn and tensions are high.
Though “optimistic”, Chief Minister Fabian Picardo called on Spain to accept Gibraltar’s “reasonable and well-balanced” treaty proposals, warning that failure to do so would “condemn us all” to difficult border controls. In contrast, Spain’s Foreign Minister, Jose Manuel Albares, insisted the UK and Gibraltar must choose between the “comprehensive, balanced, and pragmatic” EU/Spain proposals or face the consequences of stricter EU border controls from November.
What’s happening in November?
If the EU launches its automatic entry/exit system (EES) as planned on November 10th, it could all change at the border. Spain’s Minister for Foreign Affairs Jose Manuel said ‘bridging measures’ would end once the scheme is live, signalling the end of special treatment for Gibraltar red ID card holders, giving many a Brexit ‘reality shock’.
Why does this matter?
The EES would introduce biometric checks (fingerprints and facial scans) for non-EU nationals, including British citizens entering the Schengen zone. For Gibraltar residents, this could mean long-term disruptions at the border as without an agreement, residents may only be permitted to stay in the Schengen area for 90 days within a 180-day period.
Needless to say, the outcome of the treaty talks will significantly shape the business environment in Gibraltar and the Campo.
So what now?
With the November 10th deadline looming, businesses must stay informed on treaty developments and prepare for potential changes at the border. If showing a passport becomes necessary when entering Gibraltar, this means you MUST have a passport. We’ll keep sharing what we know, but in the meantime, we recommend checking whether employees actually have a passport, as many may be crossing the border using their national ID card only…
Read the Government’s EES Technical Notice (Published July ’24).
The GFSB has conducted a flash survey of its members concerning their experiences during the first two weeks of the new Treaty arrangements.
The Office of Fair Trading's latest Annual Report reveals record numbers of businesses, plans to simplify licensing through a new Business Act and fewer consumer complaints. GFSB's Business Support Manager, Kim Chang, breaks down what the proposed reforms, increased digital services and stronger enforcement could mean for businesses, and why the GFSB's role in shaping policy has been recognised.
What a year it's been! From the Treaty moving from negotiation to reality to AI, workplace pensions, business confidence and everything in between, this year's Thrive EDIT has helped members navigate one of the busiest periods in Gibraltar's recent history. Before we take a short summer break, Editor David Revagliatte looks back at the stories that shaped the year and thanks readers for joining us on the journey.
Could Gibraltar be missing a golden opportunity? GFSB Board Director Brian Ross believes the answer is yes. In this thought-provoking opinion piece, he argues that Gibraltar should consider a residency route for financially self-sufficient individuals, attracting experienced people with the wealth, expertise and international networks to strengthen our economy. Could this be the next step in keeping Gibraltar competitive?
For many SMEs, the success of the business has been built on the expertise, relationships and commitment of its owner. This entrepreneurial approach has been instrumental in the growth of many of Gibraltar's successful businesses. However, as organisations develop, dependence on a single individual can become a strategic risk.