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Spain shows itself to be a global leader in sustainable tourism at the World Travel Market

News - 2023.11.10

The acting Minister for Industry, Trade and Tourism, Héctor Gómez, and the Secretary of State for Tourism, Rosana Morillo, represented Spain at the 43rd World Travel Market, which this year brought together 3,726 exhibitors in London.

During the three days of this fair, one of the most important in the world alongside Fitur (Madrid) and ITB (Berlin), Spain presented the progress made in recent years to become a world reference in sustainable tourism, in its three aspects: environmental, economic and social.

Minister Héctor Gómez stated that the fair had been "very positive" for Spain's tourism interests. "We are leaders in tourism sustainability, our destinations combine quality and excellence with respect for the environment and awareness of the role of tourism in society", said Gómez, for whom "The Spanish tourism industry represents a model to be followed globally to complete the revolution that this sector has undergone in recent years".

Gómez and Morillo toured the stands of several autonomous communities such as the Balearic Islands, Canary Islands, Andalusia, Murcia and Valencia, where they held meetings with the presidents and councillors of these autonomous communities, who were present at the fair.

The Secretary of State also held working meetings with the main CEOS of the British tourism sector, in which the good prospects for the year 2024 were presented. Morillo was pleased that "the available data suggests that the UK will continue to be our main issuing country next year, so our presence at this fair is very important for the sector".

The opening of new air routes between the UK and Spain was discussed in his meetings with the most relevant business representatives from the sector. According to global travel data provider OAG, planned air connections between the two countries by 2024 will be made from 27 British and 31 Spanish airports.

The Secretary of State held an important meeting at the Foreign Office with the Director for Consular Affairs and Crisis, Jennifer Anderson, in which they discussed issues of interest regarding the stays of British tourists in Spain and proposed collaboration projects for future seasons.

UK, leading market

The UK is a leading mature market for Spain, which will close 2023 at levels very close to pre-pandemic levels in terms of the number of international arrivals in 2019, and will greatly exceed tourist spending in relation to that year. So far this year, up to September, Britons have spent almost €15.854 billion, 15% more than in the same period a year ago and 7% more than in 2019.

In addition, coinciding with this edition of the WTM, Turespaña has launched an ambitious 'tax free' shopping campaign for British visitors with the aim of increasing the loyalty of this market and boosting its spending. "With this measure we reinforce the image of Spain as a high-level destination, with a wide range of products and a vocation for social tourism, exporting our culture and exchanging experiences," said the Minister of Tourism.

For Gómez, "The United Kingdom is our main market in terms of number of tourists and destination spending, a market that continues to grow and that has left behind the uncertainties of Brexit and the pandemic. Moreover, our outlook tells us that there is still plenty of room for improvement.

In the first 9 months of 2023, Spain received a total of 13 million British arrivals, 14.6% more than in the same period of 2022. In addition, for November, there are 1.5 million seats on offer from the UK to Spain, which represents a 14.5% increase compared to November last year, according to the latest data on Air Capacity published by Turespaña.

In 2022, the total expenditure of British tourists in Spain was more than 17 billion euros, which represents 19.7% of the total expenditure in Spain.

Non official translation

The acting Minister for Industry, Trade and Tourism, Héctor Gómez, represented Spain at the 43rd World Travel Market held in London

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Trade | 4/19/2024

The trade deficit was reduced by 5.3% in the first two months of 2024 due to the improvement in the balance of energy and non-energy goods.

The non-energy deficit decreased by 17.3%, reaching 435.6 million euros in the first two months of the year compared to the same period in 2023, while the energy deficit decreased by 4.3%, to 5.643 billion euros, compared to the deficit of 5.894 billion euros in the same period of the previous year. This improvement in the trade balance is further explained by the significant reduction in the trade deficit with non-EU countries, which decreased by almost 19.9% to 11.221 billion euros. The trade balance with the European Union continues to be in surplus in the first two months of the year, reaching 5.1421 billion euros. Spanish exports reached nearly 62 billion euros in the first two months of 2024, the second-best figure in the historical series. In February 2024, exports achieved record numbers for the month in many of our main markets, such as France, Germany, Portugal, or Poland, and outside the European Union in the United Kingdom, Turkey, or Mexico. The number of regular exporters grew by 5% year-on-year in the January-February period of 2024, and their exports accounted for 95.9% of the total. Looking at the monthly data, the trade deficit reduced by 4.7% in February to 2.350 billion euros, while the non-energy balance showed a surplus of 32.7 million euros. The automotive, food, beverages, and tobacco sectors, as well as durable consumer goods, consumer manufactures, and capital goods, experienced the highest growth, also reaching historical export highs for the month.

Trade | 4/18/2024

Spain and the Netherlands are strengthening their trade and energy partnerships

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Trade | 4/16/2024

The Government is promoting the attraction of foreign investment in Spanish companies through the FOCO Co-Investment Fund, endowed with 2 billion euros

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Trade | 3/20/2024

Foreign investment in Spain reached 28.22 billion euros in 2023, reaching the average of the last five years

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Trade | 3/11/2024

Spain strengthens its commercial and business alliances with Brazil and Chile

The President of the Government of Spain has undertaken an official visit to these two countries to reinforce commercial ties and investments with Latin America.The Minister of Economy, Trade, and Business, and the State Secretariat for Trade have accompanied them on this visit along with a delegation of Spanish companies to explore new business opportunities.

Trade | 3/8/2024

Commerce launches an explanatory guide for the presentation of foreign investment declarations

It gathers the latest developments introduced after Royal Decree 571/2023 on foreign investments and the recent ministerial order ECM/57/2024 that regulates the application procedures.

Women and Internationalization | 2/6/2024

Trade celebrates the 5th meeting of the 'Women and Internationalization' Working Group

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Trade | 2/2/2024

The government renews its commitment to the Canary Islands to promote the internationalization of its economy.

The central and Canary Island governments have held the third meeting of the Advisory Board for the Strategic and Commercial Promotion of the Canary Islands (CAPECC). The CAPECC's main objective is to promote the Canary Islands' foreign trade and attract foreign investment to the archipelago. The State Secretariat for Trade and the Canary Islands Department of Economy recently renewed the annual agreement to promote the internationalization of the Canary Islands' economy, endowed with €500,000. The volume of goods exports from the Canary Islands in the period from January to November 2023 reached €2.125 billion, with the European Union and Africa standing out as the main target markets.

Trade | 1/23/2024

Spain supports a resilient European trade policy open to multilateralism in order to face the current international context.

EU trade ministers met in Brussels to discuss the priorities of European trade policy in the current international environment, with the aim of having greater strategic autonomy, as well as promoting the diversification of global value chains. Spain advocates a definitive push to close pending EU trade agreements such as those with Mercosur and Mexico in order to achieve greater diversification, to reinforce security of supply and to open up new markets for Spanish companies. The current state of the Red Sea crisis has been analysed and possible impacts on international trade are being monitored. Spain considers that one of the priorities for the forthcoming 13th Ministerial Conference of the World Trade Organisation ( WTO ) is to promote the reform of this organisation in order to establish the rules of the international trade game based on clear and fair rules.

Trade | 1/22/2024

Secretary of State for Trade meets Minister-President of Lower Saxony

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Trade | 1/18/2024

Spanish exports maintain their dynamism and exceed 354.7 billion euros by November 2023, the second best figure in the last decade

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Trade | 1/11/2024

The Minister of Economy, Trade and Enterprise highlights the strength of the Spanish economy and the attractiveness of our country for foreign investment.

Carlos Cuerpo stresses the dynamism of the labour market and the robustness of the foreign sector as two key levers for a more balanced and dynamic economy, that will in turn generate confidence in international markets. The minister highlighted the important role of the Recovery Plan for the evolution of the Spanish economy and the optimal implementation of these European funds for the transformation of the country. The government has launched a co-investment fund ( FOCO ) to attract foreign investment, in order to promote projects linked to the transformation of Spain's productive structure, which will be endowed with 2,000 million euros. The Secretary of State for Trade closed the 'Spain Investors Day' forum, where she explained how foreign investment in Spain has been a key element in driving the modernisation of the economy and the generation of employment. Spain ranks 13th in the world ranking of countries with the highest stock of inward foreign investment, and there are almost 20,000 foreign companies established in Spain across all sectors.

Trade | 12/27/2023

The Government earmarks nearly 2 million euros to boost commercial activity in Ceuta and Melilla

The Council of Ministers has today approved the award of a 950,000 euro grant to each of the regional cities to create programmes to boost the commercial sector. This aid will improve the competitiveness of trade in Ceuta and Melilla, generate quality employment and boost urban development. In Ceuta, discount voucher programmes will be implemented in commercial establishments to encourage consumer and tourist purchases. In Melilla, aid will be distributed to SMEs and the self-employed to help transformation at the point of sale.

The government launches the creation of a new fund with 2 billion euros to attract foreign investment in Spain in strategic sectors

The Joint Investment Fund (FOCO) will promote projects that promote the transformation of the Spanish production model, such as those linked to green energy, digital transformation, sustainable mobility, biotechnology and sustainable agriculture The Joint Investment Fund (FOCO) is one of the new financial instruments included in the Addendum to the Recovery, Transformation and Resilience Plan, whose management has been entrusted to the public company COFIDES In addition, the government reinforces aid to small and medium-sized enterprises for their internationalisation with the extension of 100 million euros more for SMEs and small export and investment projects under the Fund for the Corporate Internationalisation Fund (FIEM) Three operations have also been approved under the FIEM for projects of great interest for the internationalisation of the Spanish economy, two of them in Africa, which will boost Spanish presence and investment in this continent

Trade | 12/20/2023

Foreign investment in Spain amounted to €21.232 B in the first nine months of 2023

In the third quarter, investment increased by 54% compared to the previous quarter. Total foreign investment grew by more than 6.9% relative to the 2018-2022 average. The sectors with the highest investment were services, industry and construction. Spain is the fifth country in the world that has received the most new Foreign Direct Investment projects in the world in the January-October 2023 period.

Trade | 12/19/2023

The European Union has suspended duties on US products until March 2025

The length of the suspension is good news for EU and US producers and consumers. It is expected to come into force on 1 January 2024. The EU should continue to seek the permanent elimination of US duties on European steel and aluminium.

Trade | 12/12/2023

The retail industry gains dynamism and sales increase 6.5% through October 2023

Retail sales at constant prices increased by 4.5% year on year in October 2023. The number of contributors to Social Security in the retail industry reached 1,917,989 in November,  a historic high for this month. The retail trade sector is an important source of employment for women; 62.9 % of workers are women. All retail industry indices have improved: sales, employment and confidence indicators.

Trade | 11/22/2023

Council and European Parliament approve regulation to protect EU from economic coercion by third countries and extension of trade preferences for developing countries

Two important legislative acts in the field of common commercial policy are signed in Strasbourg.

Trade | 11/20/2023

Trade rewards the Spanish business sector's effort and innovation in its digital transformation

Xiana Méndez handed out these awards which recognise technological solutions driven by the retail sector to improve its competitiveness

Trade | 11/17/2023

Spanish exports as of September exceed €287.5 B

The trade deficit was reduced to €29.596 billion in the January-September period. The sectors which contributed positively to the year-on-year growth rate for exports from January to September 2023 were the automotive, equipment and food, drink and tobacco industries. The autonomous communities with the greatest growth in exports in the period were Castile and León, Catalonia and La Rioja. Héctor Gómez: The dynamism of Spanish exports compared to imports means the trade deficit has fallen by up to 44%. One of this Government's priorities has been to strengthen and increase our exporting companies and to make Spain an attractive country for foreign investment .

Trade | 11/15/2023

Africa, full of opportunities for Spanish companies

The State Secretariat for Trade has updated its ‘Horizonte África’ strategy to increase the presence of Spanish companies and promote investment in the African continent. Trade relations between Spain and Africa have increased: Spanish exports to this continent have exceeded €21 B in the past year. Over the three years this strategy has been in place, 56 transactions financed by the FIEM (Fund for International Expansion of Business) have been approved.

Trade | 11/14/2023

The Ministry of Industry, Trade and Tourism and the European Commission analyse tools for accessing international markets

A new edition of "Market Access Day" is being held in Madrid.

Spain contributes €2 million to the WTO's Fisheries Financial Mechanism

Héctor Gómez, Minister of Industry, Trade and Tourism: Spain, as a leader in production and fishing tradition, demands to know that the product consumed does not come from illegal practices . The Secretary of State for Trade, Xiana Méndez, presented the Spanish contribution to the WTO Director-General, Ngozi Okonjo-Iweala.

Trade | 10/31/2023

The Spanish Secretary of State for Trade discusses the Middle East situation with the Spanish business sector

The Spanish Secretary of State for Trade has met with companies to provide information on the current state of international trade in this region

Trade | 10/27/2023

EU members discuss boosting trade in environmental services to combat climate change

Madrid has hosted the Informal Meeting of Experts from the EU Services and Investment Trade Policy Committee. During the Committee's investment session, experts discussed the future of investment protection agreements.

Trade | 10/25/2023

Spanish trade representative participates in the World Trade Organisation Senior Officials' Meeting

The aim of the meeting is to move work forward in the run-up to the forthcoming 13th WTO Ministerial Conference.

Trade | 10/24/2023

Aid of up to 28,000 euros to assist SMEs with their internationalisation

Through the International Mentoring part of the programme set up by the Secretary of State for Trade through the Spanish Chamber of Commerce and financed by Next Generation Funds. SMEs involved in the programme will put together an Internationalisation Plan with the help of a mentor from a large company.

Trade | 10/23/2023

The Council has adopted a regulation to protect the EU from economic coercion by third countries

The new legislation, known as the Anti-Coercion Instrument (ACI), seeks to act as a deterrent and, ultimately, to facilitate the adoption of response measures by the EU to defend the interests of the EU.

Three- and 12-month export prospects are favourable

The evolution of external demand and international competition in terms of quality stand out as the factors with the greatest influence on export activity. The Synthetic Indicator of Export Activity (SIEA, Spanish acronym ISAE) for the third quarter of 2023 stands at -5.3 points.

Trade | 10/20/2023

EU trade ministers advocate for trade openness and greater economic resilience

During the Informal Meeting of Trade Ministers for the European Union ( EU ), held in Valencia, a pledge was made to move towards economic security in which free trade agreements play a key role. Héctor Gómez: "We have laid the foundations for ensuring greater security and confidence in international markets. We still need multilateral order based on clear trade rules. Europe must be at the forefront of the fight against protectionism and economic unilateralism”. The Ministers from the 27 Member States have agreed to develop a comprehensive approach that promotes economic resilience of the European Union.

Trade | 10/19/2023

Spanish exports grow by 1.8% up to August and reach more than 250 billion euros

The trade deficit was reduced to 25.758 billion euros during the first eight months of the year. Exports in the automotive, capital goods and food sectors continue to perform well. Héctor Gómez The reduction of the trade deficit is very good news for Spanish trade; the country must continue to work to become more and more competitive. .

Women and Internationalization | 10/10/2023

ICEX and Red.es launch a new edition of the programme "DESAFÍA San Francisco"

The preparatory day was attended by the Secretaries of State for Trade and for Digitalisation and Artificial Intelligence, as well as the CEOs participating in the programme The challenges, risks and lessons of internationalisation as an element of scalability for Spanish technology start-ups were analysed

Trade | 10/10/2023

Retail sales at constant prices increase 7.0% year on year in August

The average number of Social Security affiliates increased by 1.3% year on year in September 2023 to 1,937,647 Registered unemployment in retail trade decreased by 6.5% year-on-year in September 2023 Spain's retail confidence indicator is higher than that of the main European economies

Trade | 10/6/2023

International Cocoa Organisation (ICCO) elects Spain's Rafael Soriano Ortiz to chair its International Council

Recognition for the active role of the EU and Spain in international trade of this product

EU Council Group on 'Export Credits' meets in Madrid

Experts discussed the market situation, recent and expected regulatory changes, as well as the future of a European strategy on export credit. With participation from the Spanish Secretary of State for Trade and the Director General for International Trade and Investment.

Trade | 10/5/2023

Oman Investment Authority and COFIDES agree to set up the Spain Oman Private Equity Fund (SOPEF) II

Both entities are extending their collaboration following the successful outcome of the first fund, created in 2018, which represents a total aggregate amount of 300 million euros for boosting the internationalisation and expansion of Spanish companies in agreed target markets.

Trade | 9/28/2023

Sovereign wealth funds grow by 11% to $11.6 trillion by 2022

The sectors in which sovereign wealth funds have diversified; they are now more evenly distributed across technology, industrials, real estate, financials and healthcare Sovereign wealth funds are shifting their investments from conventional oil-related industries to green technologies There were 376 deals in 354 unique transactions, with an investment value of USD 95.2 billion in 2022

EU-Japan agreement adds 9 more Spanish protected geographical indications

With this new extension, Spain now has a total of 42 protected geographical indications

Trade | 9/25/2023

Cesce launches its new coverage to facilitate the acquisition of essential raw materials by Spanish companies operating internationally

Through Direct Guarantee or Bank Guarantee policies, Spanish companies operating internationally can acquire essential raw materials for their industrial activity under better conditions (lower prices and longer contracting terms) Fernando Salazar, president of de Cesce: The new coverage fits in perfectly with our strong commitment to promoting the success of all Spanish companies and the internationalisation of the Spanish economy.

Trade | 9/21/2023

Spanish exports grew by 3.3% as of July and exceeded €230 billion

The trade deficit was reduced to 21.32 billion euros in the period from January to July The automobile industry, capital equipment and food sectors performed especially well in terms of exports

Trade | 9/20/2023

Spain welcomes the meeting of the Informal Working Group on Export Controls

Consisting of France, the United Kingdom, Germany, Italy, Sweden and Spain

Trade | 9/19/2023

Cesce launches a line for export operations to Ukraine

The new coverage, which has been allocated 30 million euros, will be awarded through Cesce's Supplier Credit Insurance Policy, aimed at insuring Spanish exporting companies against the risk of default or termination of the agreement by its foreign customer

Trade | 9/14/2023

Trade recognizes the work of individuals, associations and companies for their support of Spanish business

In three categories: domestic trade, foreign trade and women and internationalisation

Trade | 9/12/2023

The Japanese trade aid programme to strengthen the business sector will mobilize 313 million euros

A total of 356 projects submitted during the three calls made from 2021 to 2023 will receive support from Next Generation EU The grants will go to three courses of action for sustainable urban markets, sustainable markets in rural areas and strengthening the commercial sector in tourist areas

Trade | 9/11/2023

Retail sales at constant prices increased by 7.7% in July 2023

The number of Social Security affiliates increased by 1.3% year on year in August 2023 to reach 1,977,177 Registered unemployment in the retail trade fell by 6 per cent year on year in August 2023

Trade | 8/25/2023

State Secretary for Trade present at the Trade and Investment Ministerial meeting in Jaipur

Spain supports an open, fair international trading system based on multilateralism

Trade | 8/17/2023

Spanish exports peaked and grew by 4.7 per cent in the first six months of 2023

The trade deficit fell by nearly half to 16.420 billion euros in the first semester compared to 31.963 in the same period last year. The energy balance revealed a surplus of 285 million euros Héctor Gómez: Foreign trade is one of the engines of our economy, and Spanish companies are notable for their competitiveness, quality and innovation

Trade | 8/11/2023

Competitiveness in the Spanish economy increases in the second quarter of 2023

Improved competitiveness vis-à-vis the Spanish UE-27 and OECD

Trade | 8/10/2023

Retail sales increased by 6.8% in June 2023

The number of Social Security affiliates increased by 1.1% in July 2023 to reach 1.977.797, a historic peak in any month Registered unemployment in the retail trade declined by 5.6% year on year in July 2023, to the lowest unemployment figure of the series Héctor Gómez  This is a very positive news, which highlights the good health and strength of our internal market and the overall economy

Trade | 7/26/2023

Cunext Group signs a Syndicated Loan in the framework of its Strategic Investment Plan for Córdoba

The CESCE state account offers coverage through its innovative "Strategic Investment Policy for Internationalisation"

Trade | 7/21/2023

Trade leads a Spanish business mission to support reconstruction in Ukraine

Xiana Méndez: Spanish companies are committed to Ukraine, and will play an important role in its recovery

EU Member States give the Commission the green light to negotiate an agreement on critical minerals with the US

The agreement will strengthen the international supply chain for critical minerals, a key sector for the ecological and digital transition. The objective is to grant European suppliers of essential minerals the same treatment as American suppliers when obtaining certain subsidies within the framework of the Inflation Reduction Act (IRA).

Trade | 7/20/2023

The Council renews and broadens temporary trade liberalisation measures with Moldova

The regulation will temporarily suspend all tariffs and contingents in force in the European Union on imports from Moldova for one year

The spanish exports increased by 6.4% until may record levels,

The trade deficit has continued to decline to 47 per cent in the first five months of the year The autonomous communities with higher growth in their exports were castile and Leon, La Rioja and Catalonia Héctor Gómez the strength of spanish companies exporting their good positioning in international markets make them more dynamic exports and imports .

Trade | 7/18/2023

COFIDES is designated as one of the sovereign investors with best practices in governance and sustainability worldwide

It took fifth position out of a total of more than 200 public investors from around the world and first position at European level. It was the institution with the third-highest level of annual return in 2022.

Trade | 7/17/2023

The Ministry of Industry, Trade and Tourism is looking for the best technological ideas for revitalizing the retail trade

The prizes are worth €34,000, to be shared between the four winning ideas Deadline for entries is 14 August 2023

Trade | 7/14/2023

The eu is taking the next step in the wto against us tariffs on spanish olives

The objective of the enforcement procedure is initiated claim to Us to comply with the judgement of the wto Panel and to eliminate unwarranted their tariffs on black olives in spain.

Trade | 7/7/2023

SMEs can opt for €20,000 in aid for international certification of their products and services outside the EU

This is the first line of action of the Secretary of State for Trade's Internationalization Mentoring and Support Program launched by the Spanish Chamber of Commerce. The goal is to provide exporter SMEs with access to new markets and clientes to reduce regulatory risks The programm is funded Next Generation Funds under the Plan for Recovery, Transformation and Resilience

Trade | 7/6/2023

Spain is gaining market share in attracting foreign investment and is situated at the 12th position at the global level

Spain raised five posts in the list of destinations of foreign direct investment and received $35 billion in 2002 Spain is the third european country that received more foreign investment in the past year

Trade | 7/4/2023

Government modernises investment regulations, strengthening legal certainty for investors and companies

This new Royal Decree ensures that investment control regulations are applied in a clear and predicable manner, in accordance with the principle of legal certainty Héctor Gómez: Attracting foreign investment to Spain has been instrumental in advancing the modernisation of the economy and creating productive, stable and high-quality employment

Trade | 6/30/2023

Trade hosts the "Second Economic, Commercial and Industrial Dialogue" between Spain and Japan

The Secretary of State for Trade and the Japanese Minister of Economy, Trade and Industry signed an agreement to drive business and trade relations between the two countries

Trade | 6/27/2023

Commerce presents its priorities for the upcoming Spanish Presidency of the EU to the sector.

With the aim of strengthening trade relations with Latin America, Spain will push to accelerate the closing of the Chile, Mexico and Mercosur agreements

Trade | 6/26/2023

Commerce awards the decorations of the Orders of Isabella the Catholic and Civil Merit.

Xiana Méndez: "You are a true example of the vocation of public service, collaboration, generosity and dedication."

Trade | 6/20/2023

Foreign investment in Spain up 20.3% in the first quarter of 2023

Industry tops the investment rankings Héctor Gómez: The Government's economic policy is key to generating confidence abroad, as demonstrated by the today's data. Legal certainty and solid economic growth reflect Spain strong position

European Commission announces the conclusion of negotiations of the EU-Kenya Economic Partnership Agreement

The Agreement will create business opportunities for Spanish companies on the African continent and includes pioneering commitments in the area of sustainability

Trade | 6/15/2023

Spanish exports up by 9.2% year-on-year to April, an all-time high

Trade deficit falls by 50% in the first four months of the year Héctor Gómez: In the first quarter, the deficit has halved thanks to Spanish exports

Trade | 6/13/2023

Trade allocates over 9 million euros for the internationalization of SMEs

Through the 'Mentoring and Support for the Internationalisation of SMEs' programme of the Spanish Chamber of Commerce The deadline for applications is 30 September 2023

Trade | 6/12/2023

Retail sales at constant prices increased by 5% year-on-year in April 2023

• The average number of Social Security affiliates increased by 1.2% year-on-year in May 2023 to 1,906,880
• The full report is available in this section  https://comercio.gob.es/ComercioInterior/indicadores/Paginas/indicadores-comercio-interior.aspx

Trade | 6/9/2023

The Ministry of Industry, Commerce and Tourism will mobilize over 8.7 billion from the addendum to the recovery plan to strengthen PERTEs and tourism plans

For Héctor Gómez, this is the boost that will enable a giant leap forward to be made in the transformation of Spanish industry and the modernisation of our productive network Two new funds of 2.4 billion euros have been created, managed by Cofides to generate sustainable investments

Trade | 6/8/2023

Trade participates in OECD Ministerial Council Meeting

The Director-General of Trade Policy has been present at the meeting on ‘Trade policies for more resilient and inclusive growth’ Spain promotes an open, transparent and inclusive rules-based global trading system

Trade | 6/7/2023

Minister Héctor Gómez strengthens trade relations with the United States ahead of the EU presidency

The Minister of Industry, Trade and Tourism receives his US counterpart to discuss important issues such as agreements with Latin American countries, the Spanish presidency of the EU and the bilateral cooperation reached in the last visit of Pedro Sánchez to the White House Héctor Gómez: Strengthening EU trade relations with the USA will be a priority of the Spanish presidency in order to ensure economic growth and innovation in both countries   The Spanish Government appreciates the US commitment to reform the World Trade Organization

Spain-Morocco Business Meeting identifies investment and business cooperation opportunities

58 Spanish companies from the water, environment, automotive, food value chains, education, renewable energy and transport infrastructure sectors participated The Spain-Morocco Business Meeting was opened by the Secretary of State for Trade, Xiana méndez, and the Moroccan Minister of Industry and Trade, Ryad Mezzour

Council of Ministers approves the establishment of two new public funds, FOCUS and FIS, to be managed by COFIDES

The Co-investment Fund (FOCUS) will be endowed with 2 billion euros and it will aim to attract foreign direct investment in projects that promote the transformation of the Spanish productive model The Social Impact Fund (FIS) will be endowed with 400 million euros and will help to strengthen impact investment in Spain

Trade | 5/31/2023

Trade hosts 10th Spain-Kazakhstan Intergovernmental Joint Commission

Xiana Méndez: Bilateral trade has reached a record high, and Spanish exports to Kazakhstan have grown by an impressive 74%

Trade | 5/30/2023

Foreign investment in Spain increased by 4%, reaching €529.877B

Emplloyment associated with the foreign investment received increased by 2.9% Spanish investment stock abroad grew by 9.5%, surpassing €538.9B

Trade | 5/26/2023

Spain took up the Presidency of the Trade Council of the EU after Sweden

One of the objectives of the spanish presidency will be to speed up the trade agreements with Mercosur, Chile and Mexico

Trade | 5/19/2023

Cesce achieves a net profit of €75.1M in 2022 and establishes its roadmap for the coming years

Héctor Gómez, Minister of Industry, Commerce, and Tourism, attended the insurance company's Shareholders Meeting. The insurance company has recorded fourteen consecutive years of profitability, and the State's account has maintained a surplus for 27 years, according to data presented at its General Shareholders Meeting. Cesce has proven to be the most financially sound insurer among the prominent Spanish and European companies in the credit and surety insurance industry. The company sets an ambitious roadmap for the coming years with the Cesce 2025 Impulse Plan and its Sustainability Master Plan, respectively.

Trade | 5/18/2023

The trade deficit reduced by around 57 per cent in the first quarter of the year

Spain exports increased by 14.6% January-March 2023 Héctor Gómez:  The figures for the first quarter of the year are very positive for exports, which is undeniably the driving force behind economic growth and the creation of jobs in Spain

Trade | 5/12/2023

Price-competitiveness of Spain's economy improved in the first quarter of 2023

To the Secretary of State for Trade, this index shows that 2023 started with new price-competitiveness gains compared to the rest of the European Union and OECD

Trade | 5/10/2023

Retail sales at constant prices increase 9.7% year-on-year in March 2023

The average number of Social Security affiliates increased by 1.1% year-on-year in April 2023 to 1,894,444, the highest figure on record for the month of April

Trade | 5/9/2023

Spain strengthens trade relations with Tunisia

In the framework of the ‘Business Meeting España-túnez’, Xiana Méndez visited the country to meet with authorities and companies for strengthening trade and investment relations

Trade | 5/8/2023

Trade allocates nearly 544,500 euros to boost the opening in foreign markets

Two new aids are announced: one for exporters and the other for geographical indications The application period is open until October 31, 2023

Trade | 4/26/2023

Spain and Brazil strengthen commercial ties through a Business Meeting

The governments of Spain and Brazil have expressed their confidence in being able to close the trade agreement between the EU and Mercosur

Women and Internationalization | 4/25/2023

Trade commits to internationalisation for women

At the ICEX headquarters a workshop was organized to strengthen the creation of a community of women in business internationalization and increase their presence in the field

Trade | 4/25/2023

First leaflet to explain the international trade quality standards for bananas

The brochure has been prepared by the Subdirectorate of Inspection, Certification and Technical Assistance from Foreign Trade, with the collaboration of ASPROCAN

Trade | 4/20/2023

Exports up to February reach a new record high with an interannual increase of 12.8%

Héctor Gómez: Trade flows remain at historical figures, which points to the excellent position of our companies in international markets The trade deficit was reduced to 2.465 billion in February

Trade | 4/18/2023

The Synthetic Indicator of Export Activity (ISAE) increases in the first quarter of 2023, amounting to 3.2 points

Improved outlook for exporting companies' current order backlog and its expected evolution

Trade | 4/14/2023

The 12th Spanish-Indian Joint Commission reinforces the trade and investment relations between the two countries

Xiana Méndez chairs the Joint Commission and participates in various business meetings to promote the presence of Spanish companies in India India is a priority trading partner and is a PASE Country (Country with Strategic Sectoral Performance)

Trade | 4/10/2023

Retail sales at constant prices increased by 3.5% year on year in February 2023

The number of Social Security affiliates increased by 0.7% year on year in March 2023 to reach 1,875,782, the largest number reached in the month of March

Trade | 3/23/2023

CESCE is financing 923.4 MW of the MacIntyre wind farm, developed by ACCIONA Energía

With its subsidiary in Australia, ACCIONA Energía is increasing its installed capacity with this 923.4 MW wind farm, which will be part of the largest wind farm in Australia and one of the largest in the world CESCE is supporting this project with a syndicated loan of 1,098 million Australian dollars from Santander, CaixaBank, Crédit Agricole Corporate and Investment Bank, HSBC, ING and J.P. Morgan

Trade | 3/17/2023

Xiana Méndez "Trade drives the economy and generates employment in our country"

The Secretary of State for Trade has mobilised €415 million between 2021 and 2023 for the transformation and improvement of the sector's competitiveness

Trade | 3/16/2023

2023 started with an increase in Spanish exports and a decline in the trade deficit

In January, exports grew 16.2% year on year to €30,921 million, reaching record levels for this month The trade deficit has fallen approximately 40% compared with January 2022

Trade | 3/14/2023

New call opened to strengthen the business sector with €107 million

In the past two years, trade has mobilized close to €208 million for 227 projects to improve commercial activity Reyes Maroto:  With these programmes the government is strengthening its support for local businesses to improve their competitiveness

Trade | 3/10/2023

Retail sales at constant prices increased by 7.1% in January 2023

The number of average Social Security affiliates increased by 0.2% year on year in February 2023 to reach 1,868,85 The full report is available on the link:  https://comercio.gob.es/ComercioInterior/indicators/Paginas/indicadores-comercio-interior.aspx

Trade | 3/8/2023

Call for nominations for the 2023 National Domestic Trade Awards is now open

The deadline for nominations is open until 9 May, inclusive

Trade | 3/3/2023

The Ministry of Trade welcomes the I Spain-Uzbekistan Intergovernmental Commission which will strengthen trade and investment relations

Driving cooperation in industry and in the fields of energy, infrastructure, transport, agriculture and tourism

Trade | 2/27/2023

The Government mobilized 258 million euros in 227 projects to improve the competitiveness of the business sector

The Ministry has assigned 62% of total investments under the Recovery Plan for the period 2021-23 The four lines of state aid are aimed at sustainable markets, markets in rural areas, commercial activity in tourist areas and the Tech Fund

Trade | 2/23/2023

Xiana Méndez: The United Arab Emirates is a hub for the expansion of Spanish companies to the Middle East, Asia and Africa

The Secretary of State for Trade visited the international Gulfood and IDEX trade fairs, showing her support for Spanish companies

Trade | 2/16/2023

Spanish exports exceeded €389,000 million in 2022, reaching a record high

Reyes Maroto: Foreign trade remains a driver of economic growth and employment in our country. The Spanish exporting activity shows greater dynamism than that of all European economies together In 2022 the external sector accounted for almost half of Spanish GDP growth, contributing 2.6 percentage points The export base in Spain reached a new record high in 2022, exceeding 43,000 regular exporters for the first time

Trade | 2/10/2023

Price competitiveness of the Spanish economy improves in the fourth quarter of 2022

Spanish competitiveness improved in all geographic areas throughout the year 2022

Trade | 2/9/2023

Employment in retail trade grew by 2.2% in 2022, the highest rate of the entire series

The retail trade confidence indicator in Spain (European Commission) improved 2.9 points in January 2023 and has a positive value (1.5 points) Retail trade increased sales by 0.8%

Trade | 2/8/2023

Spain and Angola, new economic and trade opportunities for Spanish companies

The Secretary of State for Trade organized Angola-Spain business meeting "Building a future together"

Trade | 2/1/2023

The Secretary of State for Trade highlights the role of the Galician businesses and their commitment to international markets

Xiana Méndez also visited the Tui municipal market that was the beneficiary of €1.3 M from one of the grants from the line of help for markets as part of the recovery Plan

Trade | 1/23/2023

The Synthetic Indicator of Export Activity (ISAE) improves in the fourth quarter of 2022

Improves the perception of the current order book of exporting companies, as well as their expectations of evolution at three and twelve months

Trade | 1/19/2023

Launch of the ICEX Vives to promote training in internationalization for young talent

This new programme is framed in the Plan for Recovery, Transformation and Resilience, and has a total of 60 million euros of EU Next Generation funds Up to 2000 paid internships with a duration of between 6 and 12 months will be on offer, for which ICEX will cover 100% of the cost Spanish companies will have access to a CV library of young people aged between 18 and 30 years interested in training abroad

Spanish exports continue to reach record highs

Export growth was 23.6% from January to November 2022 and obtained 357.111 B € The trade deficit was reduced in November and represents the lowest monthly value since September 2021

Trade | 1/18/2023

Spain and Mexico, a business bet for the future

Xiana Méndez highlighted the need to find an early solution to accelerate the updating of the Global Agreement between Mexico and the European Union

Companies of foreign capital installed in Spain show improvement in employment in 2022

The forecasts for investment, turnover, jobs and export volume for 2023 are positive, although they reflect the uncertainty of the international political and economic arena Foreign investors value the infrastructure, market size and human capital of Spain

Trade | 1/17/2023

Spain sets measures to control the import of electrical appliances, batteries and accumulators

Monitoring will be implemented by SOIVRE Inspection Services of Territorial and Provincial Offices of Trade

Trade | 1/10/2023

Number of retail trade premises increased by 0.4% in 2022

Until November 2022, retail sales at constant prices increased by 0.4% year on year

Women and Internationalization | 12/20/2022

Trade holds the 4th work meeting to promote the participation of women in the internationalizaton of the Spanish economy

Visibility and networking measures, analyses of companies led by women and promotion and training programmes, among others.

Trade | 12/20/2022

Foreign investment in Spain increases by about 55 per cent in the first three quarters of 2022

The Secretary of State for Trade draws attention to the favourable business climate in Spain in order to attract foreign investment

Trade | 12/19/2022

New meeting of trade with Spanish companies in order to update information on sanctions against Russia

The European Union has approved the ninth package of sanctions on Russia for the war in Ukraine

Trade | 12/15/2022

Xiana Méndez chairs the XIII Spain-Mexico Sub-Committee for Economic and Financial Affairs

The Secretary of State for Trade reiterated the need to move forward with the modernization of the EU-Mexico Agreement to be able to respond to current international challenges.  

Spanish exports increased by 26.3% up to October

Spanish exports mark a new record high, reaching 319,731 million during the first 10 months of 2022

Trade | 12/9/2022

Reyes Maroto “This agreement will strengthen our ties with Chile as a strategic partner in the field of trade and investment”

• Spain hopes that the modernization of this agreement will serve to accelerate the conclusion of agreements with Mexico and Mercosur.
• This is a very advanced agreement in the promotion of sustainable development and is a pioneer in the inclusion of commitments relating to gender equality

Trade | 12/7/2022

Retail trade amounts to three months of growth and increases sales by 1.4% in October

Members of retail trade reach 1,895,994 in November

Trade approved 118 projects with €104.28m in funding to boost competitiveness in the trade sector

The funds from the provisional resolution of the second call for commercial activities shall be distributed among all communities and will be managed by local governments These lines of funding are part of the Recovery, Transformation and Resilience Plan, with a total of €415 million to support trade between 2021 and 2023

Trade | 11/25/2022

Spain and Colombia held the first Joint Commission to promote economic and trade collaboration

Xiana Méndez:  Spanish companies continue to invest in Colombia, many of them leaders in strategic sectors, including infrastructure

Trade | 11/18/2022

Xiana Méndez emphasises that trade and investment relations are continuing smoothly with the United Kingdom

The State Secretary for Trade attended the presentation of the 4th Spanish Investment Barometer in the United Kingdom

Trade | 11/17/2022

Spanish exports increased by 24.7% from January to September

Exports for September increased by 22.2% €34,621.4M, a record high for the month

Trade | 11/15/2022

Trade welcomes the first meeting of the Spain-Kuwait Joint Committee

Xiana Méndez said that a roadmap had been drawn up at the meeting to drive economic and trade agreements between both countries

Trade | 11/11/2022

Improving the price competitiveness of the Spanish economy in third quarter 2022

Improving Spanish competitiveness with EU-27, OECD and BRICS countries

Trade | 11/10/2022

Reyes Maroto presents the 2022 National Domestic Trade Awards

The winners are the municipalities of Santander and Zumarraga, the Logroño company Santos Ochoa and the Association for the Promotion of the City of Vitoria-Gasteiz. Maroto  The awards recognize the companies and workers of the commercial sector who raise the shutters of their businesses every day

Trade | 11/7/2022

Iberdrola, CaixaBank and BNP Paribas sign the first syndicated green loan for €500 million covered by CESCE on behalf of the State

This is the first operation under the new CESCE Green Investment Policies, which are intended exclusively for the financing of projects that will contribute to the fight against climate change  outside of Spain The funds will be used to finance renewable wind and photovoltaic projects and battery and transmission grid projects in the United Kingdom, Ireland, Portugal and Poland CaixaBank and BNP Paribas have structured the syndicated loan, as both entities are sustainability coordinators, and CaixaBank is acting as financing agent and coordinator of the CESCE policy

Trade | 10/27/2022

Xiana Méndez highlights the commitment of Spain and its companies to the Dominican Republic

In the framework of the ‘Spain-Dominican Republic Business Meeting’, the Secretary of State for Trade visits the country for the second time to meet with authorities and companies to strengthen trade and investment relations.

Trade | 10/17/2022

The Synthetic Indicator of Export Activity (ISAE) descends in the third quarter of  the 2022 due to the international context

International uncertainty and the rising cost of energy and raw materials explain the downward trend in respondents' perception Changes in external demand and cometition in quality are the two factors with the greatest positive influence on export activity

Trade | 10/11/2022

Trade analyses trade relations in Algeria with the Spanish business sector

The companies have access to the mailbox of the Economic and Trade Office in Algiers ([email protected]) for enquiries

Trade | 10/6/2022

In interannual terms, employment is still growing in trade

The number of Social Security affiliates in retail trade reached 1,913,127 affiliates in September 2022, 12,578 more than in the same month of the previous year Retail sales at constant prices up to August 2022 increased by 0.3% year-on-year The full report is available in this link:  https// comercio.gob.es/ComercioInterior/indicators/Paginas/indicadores-comercio-interior.aspx

Trade | 9/28/2022

The Secretary of State for Trade promotes the presence of Spanish companies in Egypt

Xiana Méndez participated in the Multilateral Partnership for Development in Egypt organised by ICEX During her visit to Egypt, she held meetings with the country's authorities to strengthen bilateral relations

Trade | 9/22/2022

Foreign investment in Spain increased 87.7% in the first two months of 2022

The Secretary of State for Trade highlights Spain's attraction as a destination for investment

Trade | 9/20/2022

Spanish exports increased by 24.2 per cent from January to July 2022

Exports in July increased by 20.6% to reach 32.042 billion euros (B €), a historic high for this month The growth of Spanish exports is higher than in other European economies

Trade | 9/15/2022

The Secretary of State for Trade encourages companies in Almeria to take a chance on foreign markets and diversify to continue growing

The Secretary of State for Trade visited the province of Almeria to address the internationalisation of the Spanish economy with the business network as well as the challenges and opportunities they are facing

Trade | 9/8/2022

The secretary of state for trade visits MONDRAGON

At an institutional conference to learn about the Corporation's current affairs and future plans

Trade | 8/18/2022

Spanish exports increased by 24.8% in the first half of 2022

Spanish foreign trade continued to show great dynamism in June, greater than that of most of the surrounding economies

Trade | 8/11/2022

Improvement in the price competitiveness of the Spanish economy against  OECD and BRIC countries in the second quarter of 2022

The CTI rises slightly against the EU-27

Trade | 7/19/2022

The Synthetic Index of Export Activity (ISAE) stands at 4.3 points.

The trend in foreign demand and quality-based competition: the two factors with the most positive influence

Trade | 7/18/2022

Foreign trade continues to show great dynamism, with record figures recorded

Exports continued to grow, rising 24.4 per cent from january to may to reach a record high of almost €156 billion

Trade | 7/12/2022

Trade hosts the presentation of the 1st Report on Local Food Distribution

Xiana Méndez closed the event by stressing that the food distribution sector is efficient, effective, of high quality and committed to omnichannel distribution According to the report, the network of consumer food retailers included 25,100 shops in 2021, more than half of which work on local-based formulas

The Secretary of State for Trade presents the report “Internationalization of Iberia, Spain and Portugal in the World

Analysis of the external trade, investment, and internationalization opportunities in Spain and Portugal

Trade | 7/5/2022

The Government launches a new call for applications with 105 million euros of grants to strengthen the business sector

Grants will be distributed among three areas: sustainable urban markets, sustainable markets in rural areas and strengthening the commercial sector in tourist areas Subsidies will be managed by local governments which may present their applications the month after the call for applications in the BOE (Official State Gazette)

Trade | 7/4/2022

The Fund for the Recapitalisation of Companies affected by COVID-19 (FONREC) concludes, having supporting 89 companies with 779 million euros

Catalonia is the autonomous community that received the most applications approved, with 22 applications and 170 million euros, followed by The Basque Country (15 applications and 129 million euros), Madrid (12 applications and 111 million euros) and Andalucía (10 approved applications, 78 million euros) By sector, those which received the most support from FONREC are:  industry and engineering (43% and 336 million); retaurants and tourism (25% to 192 million); other services (18% and $141 million); and construction (10% and 74 million)  

Trade | 7/1/2022

The European Commission announced the conclusion of EU - New Zealand free trade agreement negotiations

The agreement will create trading opportunities for Spanish companies in the Indo-Pacific region and includes specific commitments in the area of sustainability The close of these negotiations should send a clear message in favour of open, predictable, transparent, and rules-based trade and will promote the strengthening and diversification of supply chains in Europe  

Trade | 6/30/2022

Its period of investment ends with the approval of investments worth 779 million

The Recapitalisation Fund for Companies Affected by COVID-19 (FONREC) approved 22 new applications

Trade | 6/27/2022

The extension of the implementation of projects of the market lines convened by Trade in 2021 has been approved

Through this amendment, the recipients will be able to request the extension of time frames for the initiative sponsored 109 Projects were approved in the 2021 call for applications aimed at strengthening the activity in sustainable urban markets, sustainable markets in rural areas and shops in tourist areas

Trade | 6/21/2022

Trade launches the second call for applications for grants to promote entry into foreign markets with €896,234  

Two types of aid are brought together: one for exporters and another for geographical indications The application period is open until 30 September

Trade | 6/20/2022

Historic high for operations financed by the Fund for Internationalization

In 2021, 53 operations were financed for a total amount of €481 M Funding for exports and investment in SMEs was increased through the FIEM-PYME channel which has facilitated 33 operations amounting to €32 M

Trade | 6/17/2022

The minister Maroto appreciates the agreements reached in fisheries, vaccines and food made in the WTO

The ministerial declaration reflects the importance of the issues related to the participation of women and smes in trade, and the launch of a programme of work on vulnerable economies. Reyes Maroto: The results of this Ministerial Conference represents a boost to the WTO, which will be strengthened in its role as guarantor of multilateral trade order, and open the way to modernise this institution .  

Trade | 6/16/2022

Spanish exports up to April amount to €120.925 M, a new record

Exports continued to grow 21.2% year on year in the month of April to reach €31.313 M — a record for April. Spanish exports grow with greater strength than exports of our main trading partners.

Trade | 6/12/2022

Reyes Maroto: It is necessary to push for the reform of the WTO to address current challenges of international trade

Spain supports the movement towards developing new standards and monitoring their compliance so that the WTO can continue playing an important role as guarantor in trade which is open, transparent, fair, and rules-based

• 24th April 2024 | Iberdrola posts €2,760m profit in 1Q24 supported by capital gains from sale of assets in Mexico (€1,165m)
• 24th April 2024 | BoJ preview: a still negative neutral rate calling for pause notwithstanding weak Yen
• 24th April 2024 | Bank of Spain warns government that housing policy – rent cap etc. – is having opposite effect to that intended
• 24th April 2024 | Telefónica controls 96.85% of Telefónica Deutschland, now delisted on Frankfurt Stock Exchange

71.6 million tourists visit Spain in 2022, spending €87 billion

Posted By: The Corner 3rd February 2023

The data on tourist movements at borders (Frontur) made public by the Spanish statistical institute show that the figures for the end of 2022, which are close to 72 million registered tourists, are still 14.3% below those recorded in 2019, a record year for Spanish tourism in which 83.7 million foreign visitors to our country exceeded 83.7 million.

For the Minister of Industry, Trade and Tourism, Reyes Maroto, these data confirm the intense recovery of the tourism sector in 2022. “The expectations we had of recovering the majority of international tourists from the pre-pandemic period have been fulfilled, but the most important thing is that spending is growing more and also the average stay, and this means an improvement in the quality and profitability of our sector,” she said.

The main countries of residence of tourists visiting Spain last year were the UK, France and Germany. Tourist arrivals from the United Kingdom increased by 251.3%, those from France by 73.3% and those from Germany by 87.4%.

By regions, the auronomous community of Catalonia was the principal destination in 2022, with 20.7% of the total number of tourists. It was followed by the Balearic Islands (18.5%) and the Canary Islands (17.2%).

Most of the international tourists arriving in Spain came by air, a total of 59.3 million, an increase of 142.5% over the previous year. Nearly 11 million international visitors arrived by road, an increase of 71.8%. Hotel or rented accommodation was used by 59.5 million tourists (140.3% more than in 2021) and homes owned or rented by family or friends by another 12 million (87.8% more).

The majority stay in 2022 was between four and seven nights, and the majority of visitors (54.1 million) came to Spain without a tourist package, twice as many as in 2021. These data confirm the end of a positive year for tourism in Spain, which in December was visited by 4.1 million international tourists, 39.9% more than in the same month in 2021.

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Objectives of the norm

The European Commission launched in 2018 the Strategic Forum for important projects of common European interest with the aim of establishing a methodology that would allow the identification of strategic industrial value chains for the EU . The Forum, made up of associations, interest groups and Member States, and chaired by the European Commission, decided that green hydrogen should be considered a strategic industrial value chain for Europe. Green hydrogen is considered to be all that comes from renewable energy sources.

With the aim of supporting this industrial value chain, the European Commission is currently promoting an initiative IPCEI . Projects IPCEI are subject to compliance with the terms of the Communication from the European Commission (2014 / C 188/02), published in the DOUE of June 20, 2014.

This Communication explains the requirements for a project to be eligible as IPCEI , and for this it requires, among others, that the project:

• Contribute in a concrete, clear and identifiable way to one or more objectives of the EU , have a significant impact on competitiveness, sustainable growth and the creation of value across the Union.
• Involve several Member States working together to design a large integrated project.
• There is co-financing by the beneficiaries.
• The benefits are not limited to the companies or sectors in question, but to the entire European economy or society through positive indirect effects.

Notice of expressions of interest

The objective of this expression of interest notice is to identify projects associated with the manufacturing industry that may participate in an IPCEI green hydrogen initiative.

The IPCEI can represent an important contribution to economic growth, job creation and the competitiveness of the industry and economy of the European Union, taking into account the positive carryover effects on the internal market and society.

The expression of interest will enable entities in Spain to develop industrial manufacturing projects in the green hydrogen value chain and who could participate in an important Project of Common European Interest (IPCEI) aimed at accelerating the development of the Hydrogen industrial sector throughout the value chain.

Projects are considered to have to cover some industrial aspect of the hydrogen value chain: hydrogen production, storage, transport and distribution, industrial uses of hydrogen, uses of hydrogen for mobility or uses of renewable hydrogen for networks , among others.

The objective is to identify R & D + i projects of companies in the manufacturing industry, both in process and in products that allow combining the development of a competitive industrial offer with the deployment of the uses of hydrogen and / or the associated infrastructure. The projects must cover some of the phases of the R + D + i and / or the first industrial deployment (FID: First Industrial Deployment ) whenever this is derived from an R&D activity.

The first industrial deployment is understood as those investments that involve the transition of pilot facilities to a larger scale or the first equipment and facilities of their type that cover the stages subsequent to the pilot line, including the experimental or test stage, but not mass production.

There is currently no specific funding program for these projects in support of their participation in a possible European IPCEI . In any case, companies will have at their disposal the calls of any of the horizontal lines of aid or financing existing at any time by any administration for projects of R + D + i < / abbr>, and for which they must follow the due and required processing in their respective calls and comply with their conditions and requirements. Participation in this expression of interest notice does not imply access to financing and companies, where appropriate, may follow the established procedures of each line of aid to which they may choose.

Requirements to be met by projects submitted to this expression of interest

• The project must have an important innovative character or provide significant added value in terms of R + D + i . The level of the value chain in which the project is developed must be identified.
• Projects that include a first industrial deployment must allow the development of new products or services with a high research content or the development of a fundamentally innovative production process. Regular updates without an innovative dimension to existing installations and the development of new versions of existing products are not considered IPCEI .
• The benefits of the project should not be limited to the companies or sector directly interested, but should be of greater relevance and application in the European economy or society through clearly defined positive effects, in a concrete and identifiable way, on other levels of the green hydrogen industrial value chain, on the market or on its use by other sectors.
• The beneficiary must participate in the co-financing of the project.
• The company must commit to disseminating the new knowledge acquired in the context of the work financed beyond its only clients and suppliers. The project must allow the wide dissemination of the acquired knowledge, whether or not they are protected by a title or an intellectual property right. The dissemination will take place beyond the project partners throughout the European Union. The mechanisms for disseminating the knowledge acquired must be explained and detailed.
• The project must be able to be developed in collaboration with other companies and it will be necessary to attend the coordination meetings of the possible IPCEI in Brussels or in those cities that are determine. It must be shown that the project can be integrated and complemented with other projects at other levels of the value chain.
• The company must be validly constituted, not subject to a court order to recover aid that has been considered illegal and incompatible in the context of a decision of the European Commission. The company should have no difficulties within the meaning of the European Commission guidelines on aid for the rescue and restructuring of companies in difficulty
• Explain why the project is important to the development objectives of the green hydrogen industrial value chain in the EU and its contribution to the EU and its economy.
• You must have a very high technological or financial risk that must be detailed and explained.
• The project must have an incentive effect, that is, cause a change in the behavior of the beneficiary so that it increases its degree of R & D + i . The aid is not considered to offer incentives to the beneficiary in all those cases in which the R & D & i activity has already started before the presentation of the aid application.
• The minimum project budget must be € 100,000

The Ministry of Industry, Commerce and Tourism may nominate, from the resulting list of interested companies and entities, those eligible companies that have met all the conditions set out above, with the aim of their possible integration into the working groups. and meetings between European entities for the constitution of an IPCEI .

During the formation process of the IPCEI , the selected Spanish companies and the rest of European companies must, where appropriate, prepare a joint document that justifies the need for a IPCEI for hydrogen. This document must be reviewed and, where appropriate, approved by the European Commission as a condition precedent to the launch of the IPCEI .

Additionally, the projects presented must follow a notification process before the European Commission coordinated among all the Member States. The Commission will assess the suitability of each of the projects to participate in the IPCEI . In other words, the participation of the selected projects in the European IPCEI will be subject to the final decision of the Commission. Final participation in the IPCEI does not necessarily imply obtaining financial aid.

Remission deadline

Deadline for submitting arguments  until the day Monday, June 15, 2020

Submission of allegations

They must submit their project proposals for R & D + i to the Ministry of Industry, Commerce and Tourism specifying:

• Data : Company, company name, representative and contact information.
• Attaching to the mail the Project Proposal , according to a pre-established format.

The absence of any information required in the project proposal document or the non-compliance with the above requirements will discard it.

Interested companies must submit their project proposals to the Ministry of Industry, Commerce and Tourism until June 15 (10:00 am)

Comunicación IPCEI - Comisión Europea [PDF] [431.14 KB]

Presentación IPCEI - Comisión Europea [PDF] [150.07 KB]

Propuesta del Proyecto [DOCX] [32.25 KB]

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Tenerife native Héctor Gómez, appointed Spain’s Minister of Industry, Trade and Tourism

The President of Spain’s Government, Pedro Sánchez, has appointed Héctor Gómez as the new Minister of Industry, Trade and Tourism , replacing Reyes Maroto, and José Manuel Miñones Conde as Minister of Health, replacing Carolina Darias.

In an institutional declaration at the Moncloa Palace, Sánchez announced these changes, which were planned, given that Darias will be the Socialist candidate for mayor of Las Palmas de Gran Canaria and Maroto will be the head of the Madrid City Council ticket in the next municipal elections on 28 May.

In this government reshuffle, the president has decided to replace two ministers with two ministers, and while Héctor Gómez Hernández will be the new head of Industry after having recently held the post of spokesman for the Socialist parliamentary group in Congress, José Manuel Miñones Conde will be in charge of Health after having been the government delegate in Galicia.

Both appointments have been made public after Sánchez communicated them to King Felipe VI and they are expected to be sworn in or promise their posts this Tuesday at the Zarzuela Palace, so that they can join the Council of Ministers on the same day.

Sánchez thanked the two outgoing ministers for their work, especially in managing the pandemic to alleviate the situation of Spanish companies and industry, as well as to strengthen the vaccination campaign.

The head of the Executive praised Reyes Maroto’s long career within the Government, of which she has been a member since 2018, and highlighted the “key boost” she has given to the reindustrialisation and modernisation of the economy, in particular the reactivation of tourism “in the hardest moments of the confinement”.

“The pandemic was a colossal challenge”, said Sánchez after describing as “extraordinary” the management of the former head of industry also in the face of the war in Ukraine, with measures to protect the electro-intensive industry and reduce energy dependence.

“Reyes stood up for herself and rolled up her sleeves to find solutions,” Sánchez stressed, while also highlighting the “fundamental” work of Carolina Darias at the head of the Ministry of Health to “leave the pandemic behind us”.

“She will be linked to the success of the vaccination campaign,” he said of the former Minister of Health, who under her mandate approved the primary care plan with a budget of 1 billion euros, as well as “the largest number of MIR places in history”.

In contrast to the two incoming ministers, Sánchez also praised their careers, since while Héctor Gómez was part of Reyes Maroto’s team and has been a very active Socialist in the Congress of Deputies, the new Minister of Health, José Manuel Miñones, has extensive management experience as Government Delegate in Galicia.

“The new ministers know the areas of their tasks very well, they are backed by experience and quality”, said Sánchez after highlighting that the new Minister of Health has a degree in Pharmacy, a Doctor Cum laude from the University of Santiago de Compostela and is a researcher.

“Two excellent public servants with an impeccable track record and a commitment to defending the general interest”, he stressed, to “continue to deepen the major objectives of this legislature”.

In this sense, Sánchez has opted to continue modernising the major economic sectors “making the most” of the use of European funds to create “more and better jobs” and to strengthen public services to “protect the Spanish middle class”.

HÉCTOR GÓMEZ, A NEW CANARIAN IN SPAIN’S GOVERNMENT

Héctor Gómez (Santa Cruz de Tenerife, 1978) has been a PSOE deputy in Congress since 2019 and president of the Constitutional Commission of the Congress of Deputies. In addition, he was already part of Reyes Maroto’s team when he was director of the Spanish Tourism Institute.

In his party, he has been secretary of International Relations and was the spokesperson of the Socialist Group in the Congress of Deputies for one year, from September 2021 to September 2022.

And in the academic field, Gómez has a degree in Tourism, a degree in Labour Sciences and a degree in Law.

Thus, the new appointments are both political and technical profiles that join Sánchez’s reshuffled team.

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The minister Héctor Gómez set out in the European Parliament the priorities of the Spanish presidency of the EU for Industry, Trade and Tourism

Appearance at the European Parliament

The minister of Industry, Trade and Tourism participated in three committees, the Trade committee, which he attended alone; Transport and Tourism, where he was joined by minister Raquel Sánchez; and Industry, Research and Energy, which he attended with the First Deputy Prime Minister, Nadia Calviño.

In Industry he noted the need for continued promotion of “the new industrial revolution in the EU which aims to improve production processes, grow the economy and ensure the strategic autonomy of the EU ”.

In Trade he advocated an “ambitious” policy to “expeditiously” implement free trade agreements.

In Tourism he advocated a “paradigm shift”, that embraces a cross-cutting approach and a move towards sustainability, and which recognises the weight of tourism at EU level.

El ministro de Industria, Comercio y Turismo en funciones, Héctor Gómez, ha comparecido hoy en tres comisiones del Parlamento Europeo en Bruselas para presentar las prioridades de cada uno de los campos de su competencia con motivo de la presidencia española del Consejo de la Unión Europea, que se alargará hasta el 31 de diciembre.

Héctor Gómez ha celebrado la importancia de estas comparecencias en el marco de la presidencia española para trasladar a los 27 socios europeos el compromiso del Gobierno con la gobernanza comunitaria y el desarrollo económico y social del continente. Para el ministro, “este ejercicio es una rendición de cuentas necesaria con el conjunto de la ciudadanía europea”.

El ministro ha participado en tres comisiones del PE . La primera, la comisión de Comercio ( INTA , por sus siglas en inglés); la segunda, la comisión de Transportes y Turismo ( TRAN ), junto a la ministra de Transportes, Movilidad y Agenda Urbana en funciones, Raquel Sánchez; y la tercera, la comisión de Industria, Investigación y Energía ( ITRE ), con la vicepresidenta primera y ministra de Asuntos Económicos y Transformación Digital en funciones, Nadia Calviño.

Comisión de Comercio

En la primera comisión de la jornada, la de Comercio, el ministro Gómez ha señalado que Europa “ha apostado decididamente por la transformación digital, la transición ecológica y un crecimiento económico más justo” tras el impacto de la pandemia y los efectos de la invasión rusa a Ucrania. En su intervención, el titular de la cartera de Comercio ha abogado por la apertura económica y comercial de la UE y la defensa del libre comercio como herramienta de progreso global.

Gómez ha defendido, durante su comparecencia, una política comercial europea “ambiciosa” que ponga en marcha “de forma ágil” los tratados de libre comercio entre la UE . En este sentido, el ministro abordado la necesidad de avanzar de forma clara en los acuerdos ya negociados con Mercosur, Chile y México. “América Latina es un socio estratégico para la UE con el que compartimos valores e intereses”, ha recordado Gómez, para quien la materialización de estos acuerdos supondrá “tejer sólidas alianzas estratégicas” con socios afines a la UE .

Además, en su comparecencia ante los europarlamentarios, Gómez ha recordado que la política comercial de los 27 “tampoco puede ignorar los retos que plantea la gobernanza de la globalización económica”, como los temas relacionados con la brecha de género, la política social o el desarrollo y fortalecimiento de las pymes.

Comisión de Turismo

En la segunda comisión de la jornada, la de Transporte y Turismo, compartida con la ministra Raquel Sánchez, Héctor Gómez ha puesto el foco en la necesidad de dotar al turismo de una “agenda propia” dentro de las políticas de la Unión Europea. Una agenda que “revalorice un cambio de modelo en el sector hacia la sostenibilidad”.

El ministro de Turismo ha recordado los tres ejes sobre los que pivota la presidencia española en materia turística: impulso de la capacitación y la formación de los trabajadores, el equilibrio entre turistas y residentes en las zonas de alta intensidad turística y la sostenibilidad medioambiental.

Asimismo, y en materia de legislación comunitaria, Gómez ha expresado su voluntad de “avanzar en la aprobación” de un Reglamento sobre Alquileres de corta duración, un paso “relevante para mejorar la transparencia y la lucha contra el fraude” en este sector.

Comisión de Industria

En la comisión de Industria, Investigación y Energía, la última de las tres, Héctor Gómez ha comparecido junto a la vicepresidenta primera Nadia Calviño. En su intervención, Gómez ha incidido en la que es una de las principales prioridades del semestre europeo “la nueva revolución industrial en la UE que apuesta por mejorar los procesos productivos, hacer crecer la economía y garantizar su autonomía estratégica”. Además, resulta imprescindible “fortalecer la autonomía y la resiliencia de las cadenas de suministro, pero también apostar por la formación y por el talento para que esa nueva revolución industrial que ya está en marcha, sea una realidad en toda Europa”.

En materia legislativa en el campo de la industria, Gómez ha expresado su voluntad de lograr “un consenso en la orientación general del Reglamento sobre la Industria de Cero Emisiones Netas”, una norma destinada a reforzar la resiliencia y la competitividad de las tecnologías de cero emisiones netas fabricadas en la UE y a aumentar la seguridad y la sostenibilidad de nuestro sistema energético.

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