Governor: if Spain is brave and a treaty agreed by Christmas, Gibraltar has...

The Governor thinks if Spain is brave and a treaty can be agreed by Christmas, Gibraltar has the potential to become something of a Monaco for the region.

Sir David Steel said the Rock is a strategic military hub but also the economic success story of the southern Iberian peninsular, with almost unlimited potential.

At the diplomatic reception for Gibraltar Day in London, we asked Sir David about the continuing uncertainty around Gibraltar's future relationship with Spain and the EU.

Governor: Gibraltar could become Monaco for the region