Prince of Asturias participating in III Forum Spain Investment and Business Cooperation - Chile

Recently was held the 3rd Forum on Investment and Business Cooperation between Spain and Chile, this event had the presence of the Princes of Asturias and wassponsored by Santander and organized by the Spanish Institute for Foreign Trade. The meeting was attended by over 200 Chilean and Spanish entrepreneurs, as well as executives of the Group in Chile, led by Mauricio Larrain, president of Banco Santander Chile.

Historically Spain has a track of major investments in Chile in the early seventies, and nowadays wants to start a "second wave" of business in the country, this was announced by the economic and commercial counselor of Spain in Santiago, Jose Antonio Garcia. "The economic crisis in Europe encourages dynamism and professionalism of Spanish businessmen, seeking outreach in Europe, which in no way harms the business environment in Chile," said the adviser.

The secretary of State for Foreign Trade and President of ICEX Alfredo Bonet was responsible for opening the forum was, and then was followed by Cristina Garmendia, Minister of Science and Innovation of Spain, and Pablo Longueira Chile's economy minister, who invited the audience to invest in Chile since this is "a country that offers reliability, credibility and confessed, and that respects the rule of law and no legal certainty. A country that has made progress in its democracy, its development and opening doors for investors."

The forum also had the presence of Prince of Asturias, who praised "Chile's economic strength and its positive influence in Latin America, a country progresses on the path of development not only because of the social and economic progress, but also for its institutional strength" and alluded to the free trade agreements that Chile has with other 60 economies, which account for over 95 percent of gross domestic product (GDP). "Chile has been able to articulate a favorable environment for attracting foreign investment, which has led him to occupy the first place among the countries of the region in creating and developing businesses," he said.