This is the third visit of the Minister Corps to EE. UU in just two months, which highlights the urgency and importance that the Spanish Government places on the transatlantic relationship. The main objective is to convey a message of confidence and stability to Spanish companies in the face of growing uncertainty and international volatility.
The trip's agenda includes a significant business meeting that will bring together nearly 170 companies, both Spanish and American. These companies belong to high-tech sectors such as aerospace, renewable energy, and biotechnology, reflecting the mutual interest in innovation and development.
Support and Strategies Against Tariffs
The Spanish government is already implementing active measures to strengthen the international competitiveness of its companies. This is materialized through the ICEX High Impact Competitiveness Plan and the Commercial Response and Relaunch PlanThese initiatives seek to protect and relaunch the Spanish productive fabric, especially those companies with greater exposure to the US market, which is the main destination for Spanish exports outside the European UnionThe goal is twofold: to strengthen these companies' position in the U.S. and facilitate their access to new markets.
This visit reaffirms the efforts of Spain and the European Union to protect the transatlantic relationship amid ongoing tariff negotiations and their continued commitment to trade and investment as a means of mutual benefit.
Spanish Investment in the US: A Key Market
One of the highlights of the visit is the presentation of the First Barometer on the climate and prospects for Spanish investment in the US. This report, led by the Spain-United States Chamber of Commerce In collaboration with International Financial Analysts (Afi)highlights the confidence of Spanish businesses in this market. The United States is the main destination for Spanish investment abroad, with a cumulative stock amounting to almost €92.000 billion.
Minister Cuerpo emphasized the importance of the economic relationship between the European Union and the United States, describing it as the most important in the world in trade and economic terms. "Basically, goods and services worth 4.600 billion euros cross the Atlantic every day. This is a treasure we must protect," Cuerpo stated, underscoring the joint efforts of Spain and the EU to preserve this crucial relationship amidst ongoing tariff negotiations.
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