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<p>The UK Shared Prosperity Fund is a 2017 manifesto commitment of this Government,
to succeed European Structural Funding across the UK, following our departure from
the European Union.</p><p>The UK Government recognises the importance of European
Structural Funding programmes for the UK and its Overseas Territories and, given that
Gibraltar has received this investment, the UK Government has an opportunity to consider
whether the UK Shared Prosperity Fund could be a suitable programme to succeed European
investment in Gibraltar.</p><p>As the Falkland Islands are not a recipient of European
Structural Funds, the Falkland Islands are not in scope for the UK Shared Prosperity
Fund. The UK Government is, however, considering several funding options for the Overseas
Territories, following the UK’s departure from the European Union.</p><p>Further details
will be announced as part of the comprehensive Spending Review.</p>
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