17 feb 2017
Internationalization

The director general of International Trade and Investments analysed the internationalization process in Spanish companies

The meeting was chaired by the president of CEOE’s International Relations Commission, Joaquim Gay de Montellà. The Director General of International Trade and Investments of the State’s Secretariat for Trade, José Luis Káiser, participated in CEOE’s Commission on International Relations.

José Luis Káiser in CEOE
The Director General of International Trade and Investments of the State’s Secretariat for Trade, José Luis Káiser, participated in CEOE’s Commission on International Relations. — ©CEOE

The Director General of International Trade and Investments of the State’s Secretariat for Trade, José Luis Káiser, participated in CEOE’s Commission on International Relations, to talk about the internationalization process in Spanish companies over the next few years.  The meeting was chaired by the vice- president of CEOE and president of its International Relations Commission, Joaquim Gay de Montellà.

The Vice-president highlighted the growing role of Spanish exports in the Spanish economy, which were set at € 249 billion in 2015. He also pointed out how important it is for business organizations and the Directorate General of International Trade and Investment to work closely to define the strategic plan for internationalization and its implementation.

Káiserv also highlighted the increase in Spanish exports in recent years and the impact it has had in the country’s trade balance, and he analysed the European Union's trade negotiations with third countries or regional blocs (America, Asia, Mediterranean countries). In this sense, he underlined the need to make some adjustments in the trade policy, taking into account the changes that have occurred in the international scenario.

Internationalization Strategy 2017-2027

In order to carry out the necessary changes, the Strategy for the Internationalization of the Spanish Economy 2017-2027 will be adopted, although strategic plans will continue to be developed on a biannual basis. The main objective is to promote internationalization, by improving competitiveness and fostering the global presence of Spanish companies, especially SMEs. According to Kaiser, the aim is also to increase foreign trade and investment, increase the propensity to export, diversify destination markets for exports and investments, increase added value, facilitate financial support for Spanish companies, improve the attractiveness of Spain as an investment destination, increase the participation of companies in international tenders and develop the human capital.

Main measures

“For the Strategy to be effective, actions will be taken to improve the business climate and attract foreign investment," said Jose Luis Kaiser. He also emphasized that the advantages offered by the common trade policy and the different multilateral institutions will be exploited, and an increase in the size of companies will be encouraged through international financial instruments adapted to SMEs. In addition, innovation and public-private initiatives will be promoted, and tailor-made support adapted to the different enterprises will be available depending on their needs. Kaiser added that the training of human capital for the internationalization of the company will be fostered and coordination between public administrations and the private sector will be strengthened.

The Director-General underlined that, in addition to the strategic plan, companies will be provided with comprehensive information on the impact of the trade agreements signed by the European Union, with the aim of making the most out of them.