Day inaugurated by the Secretary of State for Commerce
When referring to Spanish exports, Xiana Méndez highlighted that “not only have they exceeded pre-pandemic levels, but they have also marked an annual historical maximum.”
The Secretary of State for Commerce, Xiana Mendez, highlighted that the Government will be “close to the companies affected by the conflict and alongside our European partners.” Méndez, who opened the day “The foreign sector, the lever of reactivation”, organized by Europe Next 2050, and sponsored by Redexis, EiDF Solar, Peaches Biotech and Banco Santander, highlighted that Spanish exports of goods in 2021 as a whole “reached more than 316.000 billion euros.” Méndez stressed that “not only have they exceeded pre-pandemic levels, but they have also set an annual historical high.” Exports grew by 21,2% compared to 2020 and 9,1% compared to 2019.
The Secretary of State for Commerce also emphasized that Spanish exports “grew more than those of the main European economies and experienced an increase similar to those of the great non-European export powers, such as those of United States, China and Japan".
After confirming that the foreign sector “is being, as the title of this conference maintains, one of the levers of the reactivation and engine of recovery and growth,” Méndez referred to the implementation of the Recovery, Transformation and Resilience Plan as an “essential factor” to “boost growth and job creation.” “This plan is truly a historic and unique opportunity to grow and transform the productive fabric,” he added.
El president of Cepyme, Gerardo Cuerva, which closed the Europe Next 2050 conference, highlighted, in reference to the conflict with Russia, that, although the war hampers competitiveness, "the Spanish company is capable of overcoming any crisis, we already did it in 2008."
Cuerva highlighted that it is necessary to strengthen competitiveness to enter foreign markets and cited the barriers that SMEs encounter to do so successfully: the prices of raw materials, the rise in delinquencies, the lack of qualified labor and the over-indebtedness of companies. The president of Cepyme, who requested to extend the lack of ICO credits, warned that raising the fiscal pressure “means less competitiveness” and called for “belt tightening” to avoid fueling a spiral of wages and prices” that further fuels inflation.
Any questions about this news?
Talk to Coexia, the AI of the foreign trade
