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    Home > Headlines > British and Spanish PMs agree Gibraltar deal unlocks 'huge opportunity'
    Headlines

    British and Spanish PMs agree Gibraltar deal unlocks 'huge opportunity'

    Published by Global Banking & Finance Review®

    Posted on June 11, 2025

    1 min read

    Last updated: January 23, 2026

    British and Spanish PMs agree Gibraltar deal unlocks 'huge opportunity' - Headlines news and analysis from Global Banking & Finance Review
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    Tags:Brexitfinancial communityUK economyinternational capitalfinancial sector

    Quick Summary

    UK and Spain PMs agree on a Gibraltar deal, enhancing bilateral relations and maintaining British sovereignty.

    UK and Spain PMs Reach Gibraltar Agreement, Creating New Opportunities

    LONDON (Reuters) -British Prime Minister Keir Starmer, in a phone call with Spanish Prime Minister Pedro Sanchez, agreed that a deal on the status of Gibraltar unlocked the opportunity for both countries to advance bilateral relationship, Starmer's office said on Wednesday.

    "Prime Minister Sánchez congratulated the Prime Minister on his leadership," a Downing Street spokesperson said.

    "Both leaders also agreed that this development unlocks huge opportunity to advance the bilateral relationship between the UK and Spain, on behalf of the British and Spanish people."

    Starmer also spoke to Chief Minister of Gibraltar Fabian Picardo, the spokesperson said, adding that they both agreed the agreement would allow them to "plan for the long-term while protecting British sovereignty."

    (Reporting by Sam Tabahriti; Editing by Leslie Adler)

    Key Takeaways

    • •UK and Spain reached an agreement on Gibraltar's status.
    • •The deal aims to enhance bilateral relations between the two countries.
    • •Prime Ministers Keir Starmer and Pedro Sanchez led the discussions.
    • •The agreement is seen as a long-term planning opportunity.
    • •British sovereignty over Gibraltar is maintained.

    Frequently Asked Questions about British and Spanish PMs agree Gibraltar deal unlocks 'huge opportunity'

    1What did the UK and Spain PMs agree on regarding Gibraltar?

    British Prime Minister Keir Starmer and Spanish Prime Minister Pedro Sanchez agreed that a deal on the status of Gibraltar unlocks opportunities for both countries.

    2Who did Starmer speak with about the Gibraltar agreement?

    Starmer also spoke with Chief Minister of Gibraltar, Fabian Picardo, regarding the agreement and its implications.

    3What is the significance of the Gibraltar deal?

    Both leaders noted that the deal would advance the bilateral relationship between the UK and Spain, benefiting their respective citizens.

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