Britain, Spain reach initial agreement on Gibraltar

Spain has reached an initial agreement with Britain over Gibraltar's post-Brexit status, Spanish Foreign Minister Arancha Gonzalez Laya said on Thursday.

As part of the agreement, the British Overseas Territory located on the southern tip of the Iberian peninsula will remain part of European Union agreements such as the Shengen area, Gonzalez Laya told reporters on Thursday.

Madrid and London were negotiating how to police the land border between Spain and Gibraltar which was excluded from the last-minute exit deal reached between Britain and the European Union last week.

Britain steadfast in support for Gibraltar sovereignty

Britain remains steadfast in support of Gibraltar's sovereignty and is committed to mitigating the impact of Britain's full exit from the European Union, Foreign minister Dominic Raab said.

"We remain steadfast in our support for Gibraltar and its sovereignty," Raab said.

"All sides are committed to mitigating the effects of the end of the Transition Period on Gibraltar, and in particular ensure border fluidity, which is clearly in the best interests of the people living on both sides."