Gibraltar has been a source of friction between the UK and Spain ever since it was captured by Britain in 1704 during the War of Spanish Succession.
The British Overseas Territory was left out of the permanent post-Brexit deal which now governs the UK’s relations with the EU.
Instead, it has been operating on ad hoc arrangements ever since, but at Davos Spain’s Foreign minister said that London and Madrid were close to finding a definitive solution settling the post-Brexit status of Gibraltar.
Newsnight’s International Correspondent Joe Inwood reports.
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