Gibraltar

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Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula. It has an area of 6.7 km2 and is bordered to the north by Spain. The landscape is dominated by the Rock of Gibraltar at the foot of which is a densely populated city area, home to over 30,000 people, primarily Gibraltarians.

History[edit]

Gibraltar was ceded to Great Britain by Spain in the 1713 Treaty of Utrecht; the British garrison was formally declared a colony in 1830. In a 1967 referendum, Gibraltarians ignored Spanish pressure and voted overwhelmingly to remain a British dependency. The subsequent granting of autonomy in 1969 by the UK led to Spain closing the border and severing all communication links. Spain and the UK have held a series of talks on establishing temporary joint sovereignty over Gibraltar. In response to these talks, the Gibraltar Government called a referendum in late 2002 in which the majority of citizens voted overwhelmingly against any sharing of sovereignty with Spain. Since late 2004, Spain, the UK, and Gibraltar have held tripartite talks with the aim of cooperatively resolving problems that affect the local population, and work continues on cooperation agreements in areas such as taxation and financial services; communications and maritime security.

Geography[edit]

Gibraltar's terrain consists of a narrow coastal lowland bordering the 426-meter-high Rock of Gibraltar, which provides a spectacular view over the straits, to the African coast and a number of small islands.

Economy[edit]

Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center. The British military presence has been sharply reduced and now contributes about 7% to the local economy, compared with 60% in 1984. The financial sector, tourism (almost 5 million visitors in 1998), shipping services fees, and duties on consumer goods also generate revenue. The financial sector, the shipping sector, and tourism each contribute 25%-30% of GDP. Telecommunications, e-commerce, and e-gaming account for the remaining 10%-15%.

Demographics[edit]

The official language of Gibraltar is English, and is used by the Government and in schools. Most locals are bilingual, also speaking Spanish, due to Gibraltar's proximity to Spain. There are also sizeable communities of Moroccans, British Indians and Sephardic Jews.

See also[edit]

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