A forum to explore investment and trade cooperation between Mauritania and Spain was inaugurated at the Mauritanian embassy in Madrid on Friday. The event, organized in collaboration with the Spanish Exporters and Investors Club, was attended by Mauritanian Minister of Economic Affairs and Development Mohamedou Ould Amhimid. The minister highlighted the facilitations provided by the Mauritanian government to attract foreign investment and the reforms introduced to improve the business climate.

Minister Ould Amhimid emphasized the country's efforts to create a favorable and secure environment for investors, including legislative reforms and updates to the investment code. He presented the various productive and vital sectors in Mauritania that offer investment opportunities. The minister's speech was well-received by Spanish officials and business leaders, who expressed their interest in expanding their presence in Mauritania.

The forum was attended by prominent Spanish officials, including Antonio Bonet, president of the Spanish Exporters and Investors Club, and Juan Ignacio del Castillo, deputy director general for bilateral economic relations and economic diplomacy at the Spanish Ministry of Foreign Affairs. Other attendees included Carla Cohe, deputy director general for the Mediterranean, Africa, and the Middle East at the Spanish Ministry of Economy.

Representatives and executives from major Spanish companies and investment institutions also participated in the forum, including José María Aribas, commercial director of Globaltik, Diana Villalonga, executive director of Desarrollo y Evolución, and Julián García Ballpérdi, president of the Imatia group. The participants discussed ways to strengthen investment and development partnerships between Mauritania and Spain.

The Mauritanian ambassador to Spain, Zeineb Bent Ahl Salem, and the director general for financing and economic cooperation at the Mauritanian Ministry of Economic Affairs and Development, Mohamed Salem Ould Nani, were also present at the forum. The event provided a platform for both countries to explore new opportunities for economic cooperation and investment.

Spanish officials and business leaders praised the investment climate in Mauritania, expressing their interest in expanding their presence in the country. The forum was seen as a positive step towards strengthening economic ties between Mauritania and Spain, and it is expected to lead to new investment opportunities in various sectors.

The forum concluded with a commitment to further enhance cooperation between Mauritania and Spain, with both countries recognizing the potential for growth and development through mutual investment and trade. The event demonstrated the strong interest of Spanish companies in investing in Mauritania and the willingness of the Mauritanian government to provide a favorable environment for investors.

Key points

  • Mauritania and Spain explore investment opportunities in a forum held at the Mauritanian embassy in Madrid.
  • The forum was attended by high-ranking officials and business leaders from both countries.
  • The event aimed to strengthen economic ties and explore new opportunities for investment and trade cooperation between Mauritania and Spain.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.