Foreign company 06-02-2025

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Newsletter – Foreign Business, Thursday, February 6, 2025, edition 4.149

Good morning and welcome to this new newsletter. We begin with news that directly impacts global trade. China has filed a formal complaint with the World Trade Organization accusing the United States of protectionist practices and discrimination following the recent tariffs imposed by Washington. This move intensifies the already tense trade relationship between the two powers. In addition, as an immediate response, China has imposed tariffs and antitrust measures against American products.

In the business field, the company Miguel España e Hijos has closed 2024 with a record turnover of 67 million euros, thanks to its solid international expansion strategy and its presence in more than 75 countries. This success reinforces its position as one of the key players in the food sector.

We continue with news from Europe, where the European Union has managed to reduce the transit of sanctioned products to Russia through Kazakhstan, according to a recent community report. This measure responds to efforts to stop the supply of strategic goods to Moscow amid international sanctions.

For his part, the president of the Valencian Generalitat, Carlos Mazón, highlighted the "record year" in agri-food exports from the region, with a notable increase in the sale of products such as fruits and vegetables globally.

In the United States, Iberdrola, through its subsidiary Avangrid, has ensured the supply of electricity to more than a million homes during the recent wave of extreme cold. This achievement demonstrates the capacity of the Spanish company to manage emergency situations in international markets.

Canada is also a protagonist today. The company Sener has promoted sustainable mobility in Ottawa with the expansion of light rail lines 2 and 4. This project reinforces the presence of Spanish technology in the development of urban infrastructures in North America.

From the energy sector, Juan Pablo Sánchez Gasque, President of Black Star Petroleum, continues to lead the global energy transformation by combining technological innovation and sustainability. His focus on the transition to cleaner energy has been key to his growth in emerging markets.

As for featured events, today's International Sustainable Port Congress and the session "The new era of logistics: global challenges and opportunities" are taking place, both focused on the challenges of foreign trade and sustainability.

We close the newsletter with Barcelona Wine Week, which has consolidated its world leadership with record numbers in its 2025 edition. This event remains a point of reference for the promotion of quality Spanish wine.

That's all for today's summary. We remind you that you can find more information on our website empresaexterior.com. We'll hear from you tomorrow!