Spanish companies set sight on Türkiye

Today’s Zaman – Spanish companies will come to Türkiye in July to look for cooperation opportunities and to establish joint ventures. Around 30 Spanish companies in the energy, transportation and environment sectors will search for investment opportunities with the Turkish companies in third countries. Prior to a scheduled visit by the Spanish prime minister to Türkiye, Isaac Martin Barbero, economic and commercial counselor in the Spanish embassy in Ankara, held a press conference to give information about the commercial relations between the two countries and opportunities for cooperation. Barbero said Spain was ranked the 10th country amongst Türkiye's foreign trade partners, indicating that the bilateral trade between Türkiye and Spain progressed in a balanced way. He said that not only the Spanish government, but also the companies in Spain advocated Türkiye's EU membership, noting that the Spanish companies increased their investments in Türkiye in regard to automotive, environment and transportation industries in a bid to influence Türkiye's EU membership. Barbero said there is stagnancy in the trade relations of the two parties on the back of the global economic crisis, noting that this is not permanent and that Spanish companies are still willing to make investments in Türkiye in the areas of transportation infrastructure, energy and environment.