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Spain seeks stronger trade ties with Brazil

Brazil,Business/Economy, Fri, 18 May 2012 IANS

Sao Paulo, May 18 (IANS/EFE) Spain's foreign minister lobbied here Thursday for strengthening "economic diplomacy" to tighten economic and trade links between his country and Brazil.

 

On his first visit to the Latin American country since he took over his Cabinet duties, Jose Manuel Garcia-Margallo's objective is to stress Brazil's importance "as a strategic partner", he told a press conference at the headquarters of the Spanish Chamber of Commerce.

 

Spain is the second-largest foreign investor in Brazil, with a total of $85 billion invested here so far, according to official figures.

 

The minister, who Thursday met in Sao Paulo with representatives of Spanish groups with interests in the country, said that one of his priorities is to provide more resources and training to Spain's diplomatic legations to contribute to the process of internationalizing Spanish business.

 

He said the 47 Spanish embassies and 54 consulates that lack trade attaches will receive the proper training to guarantee they can provide support for Spanish businesses who are seeking economic opportunities abroad.

 

Garcia-Margallo met Wednesday in Brasilia with Brazilian Foreign Minister Antonio Patriota.

 

--IANS/EFE

 

rd

 


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