The Spanish Prime Minister, Pedro Sánchez is in London yesterday , the place he met the UK Prime Minister Keir Starmer in Downing Street to signal a brand new bilateral settlement supposed to bolster relations between the 2 nations within the post-Brexit period together with commerce and Gibraltar.
The United Kingdom is the most important vacation spot for Spanish items outdoors of the EU, with export quantity reaching €24.4 billion in 2024.
Sanchez is scheduled to attend a gathering with British and Spanish firms at No10 together with Spanish financial institution Santander in addition to British vitality big BP and the prescription drugs firm AstraZeneca.
The go to comes on the heels of a latest deal regarding Gibraltar, which ha remained unresolved till an settlement was reached in June.
Welcoming Sánchez to 10 Downing Street, Starmer careworn the enduring ties between Britain and Spain. In flip, Sánchez praised the British chief and his administration for serving to to resolve the long-standing Gibraltar deadlock that had lingered for the reason that Brexit referendum in 2016.
The newly signed settlement covers collaboration in areas equivalent to financial progress, migration and different mutual priorities. It additionally follows a June association between the UK, Spain, and the European Union to carry border checks at Gibraltar in the course of the summer time months.
Since Britain’s departure from the EU in 2020, Gibraltar’s future relationship with the bloc had remained unsettled, with negotiations on cross-border motion of products and other people progressing solely slowly.
The small territory, dwelling to round 34,000 residents, voted overwhelmingly (96%) to stay within the EU in the course of the 2016 referendum, reflecting its heavy reliance on EU market entry.
