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Difference between revisions of "Gibraltar"
→Economy of Gibraltar
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==Economy of Gibraltar== | ==Economy of Gibraltar== | ||
Because of lack of space on the peninsula, there is no agriculture. There is a small amount of light industry—tobacco, beverages, canning—but the main sources of income are the provisioning of ships and military personnel, tourism, and the re-export trade. Tourism was stimulated through the large-scale expansion of hotel and beach facilities and gambling casinos. The port facilities occupy most of the western shore and a portion of land reclaimed from the sea. Income taxes and customs duties produce most of Gibraltar’s revenue. The United Kingdom supplies a significant amount of development aid. Principal expenditures include social services, public works, and municipal services. Gibraltar joined the European Economic Community (later succeeded by the European Union [EU]) with the United Kingdom in 1973. The monetary unit is the Gibraltar pound. | |||
Passenger and cargo vessels stop at Gibraltar’s port, and ferries cross daily to Tangier, Morocco. Gibraltar has an international airport, and regular flights link the territory to London, Tangier, and many other destinations. The peninsula has a road system and a system of tunnels within the Rock for vehicular traffic. A cable car ascends to the central summit of the ridge. As the United Kingdom is not party to the Schengen Agreement, the crossing between La Linea and Gibraltar is one of the few remaining controlled internal borders in western Europe. | |||
==Government and Society of Gibraltar== | ==Government and Society of Gibraltar== | ||
==Culture Life of Gibraltar== | ==Culture Life of Gibraltar== | ||