Trade and Market Intelligence
Although Gibraltar is part of the European Union, the territory does not implement all EU regulations, such as the customs policy. Because Gibraltar is not part of the customs union European standards do not apply to international trade and therefore there is no free movement of goods with other European countries and customs duties always apply.
Gibraltar Political Data
Since it is under the control of the United Kingdom, Gibraltar is ruled by Queen Elizabeth II and the territory is governed by the British Government. The Governor of Gibraltar (Sir James Dutton) has a mostly ceremonial role and is responsible for appointing the Government. Legislative power is held by the Parliament of Gibraltar, with its 17 members elected for four years.
The main political parties are the Social Democrats, the Socialist Labour Party and the Liberal Party.