Overview

• The EU and UK reached a political agreement on June 11 to eliminate physical barriers and checks on people and goods between Gibraltar and Spain
• Spain will carry out Schengen controls at Gibraltar’s port and airport, with the UK maintaining its own internal checks for arrivals from Britain
• The deal establishes a customs union and unified fiscal regulations, including coordinated tobacco taxes, to prevent economic imbalances
• Parties committed to common standards on state aid, labor rights, environmental protections, transport coordination and anti–money laundering
• Over 15,000 cross-border workers, more than 10,000 of whom are Spanish, will gain from streamlined movement and regulatory clarity