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11/30/2018

Topic Reading-Vol.2424-11/30/2018

Dear MEL Topic Readers
UK and Spain reach agreement over Gibraltar, paving way for Brexit deal
Though it appears to be part of Spain geographically, Gibraltar is a Britain’s overseas territory located at the southern tip of the Iberian Peninsula. As the rocky outcrop sits at the tip of the Iberian Peninsula that oversees the 13-kilometer-wide strait between the Mediterranean Sea and the Atlantic Ocean, Gibraltar has been strategically important for trade and military.
It became Great Britain’s territory under the Treaty of Utrecht in 1713. Under the current constitution, this tiny British territory with a population of 30,000 has almost complete internal self-governance through a parliament. They decided to remain status quo in recent referendums in 1967 and 2002 against Spain’s proposal to transfer the sovereignty.
So, what will happen when Britain leaves the EU? For now, access between Gibraltar and Spain is the same as one of any other EU nations.
Enjoy reading and learn the complexity of Brexit, or any divorce settlement.

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