Gibraltar's Chief Minister, Fabian Picardo, refuses to be flustered over the currrent wrangling within the UK government over its continuing EU member status.
Not only is Picardo clear that Gibraltar's future is in Europe, but he believes that the United Kingdom’s future is in Europe.
Picardo points out that all three main party leaders, Cameron, Clegg and Miliband, have said the UK’s future is in the European Union.
“One of them is saying there should be a referendum after renegotiated terms about whether the UK should stay in Europe, but none are saying that the UK should pull out.”
Whilst admitting that he has heard of instances where investors are voicing there own concerns that their interest in investing in Europe through the UK may be threatened by the current debate as it creates an element of uncertainty, to date Picardo has not seen such an impact on Gibraltar business.
With an eye to a few years down the line, Picardo believes that despite the outcome of current negotiations, the UK is unlikely to turn its back on the European Economic Area (EEA).
“I think clearly that the UK would remain part of the EEA and it would have access to the single market - that’s what is important to Gibraltar. We are working on all those contingencies, but we don’t think we are being held back by the debate.”
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