The Spanish president, Pedro Sánchez, affirms that the South American country offers an "exceptional opportunity" for collaboration for Spanish companies.

The President of the Spanish Government, Pedro Sánchez, has announced that today, Friday, he will sign, together with the President of the Republic of Chile, Gabriel Boric, the renewal of the strategic alliance between both countries to strengthen their bilateral relationship.

"Our economies share a very valuable attribute in times of great transformations, and they are especially complementary," highlighted the president during the inauguration of the Spain-Chile business forum, held this Friday in Santiago, Chile.

According to Sánchez, Spain maintains a strategic relationship with six countries throughout Latin America and Chile is one of them. Spanish investment in Chile exceeds US$ 18,006 million and is concentrated as a priority in strategic sectors such as financial services, road infrastructure, railways, telecommunications or renewable energies, especially green hydrogen.

The Spanish president has stressed that thanks to bilateral agreements in the economic and commercial sphere, Spain and Chile have a regulatory framework that offers full legal security to investors of companies in both countries.

"And this regulatory framework, in addition, is allowing public-private collaboration. It is, in my opinion, a strategic way to actually make the transformations of our time and turn them into opportunities to modernize our economies," he highlighted.