BREXIT: Gibraltar will be forced to raise tobacco, alcohol and fuel prices as part of proposed deal

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GIBRALTAR: Big changes will be imposed upon the rock if the deal is passed Photo Credit: Shutterstock

THE proposed Brexit agreement for Britain’s departure from the European Union contains a section on Gibraltar which will see various regulations enforced upon The Rock should the deal be approved. 

Sections in the agreement which focus on Gibraltar state that taxes on alcohol and petrol will be increased in the territory, Article 3 clause 4 on page 501 states: “In order to prevent and deter the smuggling of products subject to taxes or special charges, the United Kingdom must guarantee that, with regard to alcohol and gasoline, a system will be established to prevent related fraudulent activities ,”

Increases on the price of tobacco have also been discussed in measures designed to help Europe tackle the smuggling and fraud that originate in Gibraltar and for tobacco taxation to meet new international frameworks on products harmful to the health.

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In addition to this, clauses ensuring Britain’s full cooperation with Spain in matters of environmental protection, fishing, policing and customs and The Rock’s airport are featured.

The draft agreement will only come into effect should the proposed deal be passed by British Parliament and later this month by Eurocrats.

Terms have been negotiated by Madrid and London throughout this year and measures will be put into place

By the governments of Spain and the United Kingdom refine and implement the clauses outlined in the proposed Brexit deal.

Should the proposed agreement with Brussels be approved by parliament, the proposed changes in Gibraltar will be implemented after the official leaving date of Britain, March 29 2019, and will refined until the end of the present transitional period deadline of December 31 2020.

Read and download the full section of the draft agreement, regarding Gibraltar, here. (p.496)

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