Mauritania's Minister of Economic Affairs and Development, Mohamedou Ould Amhimid, held a meeting with the President of the Spanish Chamber of Commerce, José Luis Ponce, in Madrid on Wednesday, October 28, 2026. The meeting was attended by Mauritania's ambassador to Spain, Zainab Bent Achel Salem. The discussion focused on enhancing economic and trade cooperation between the two countries and exploring ways to attract Spanish investments to Mauritania's promising sectors.
During the meeting, Minister Ould Amhimid presented an overview of investment opportunities in Mauritania, highlighting the significant incentives and encouraging facilities offered to foreign investors. He also discussed the structural reforms and substantial improvements made to the investment code to improve the business climate and provide a secure and attractive environment for capital.
The Spanish Chamber of Commerce President praised Mauritania's economic reforms, expressing the Spanish business community's interest in available investment opportunities. He also stated the chamber's willingness to encourage Spanish companies to enhance their presence and participation in Mauritania's economic development.
The economic and trade relations between Mauritania and Spain have seen notable development in recent years. A significant milestone was the Mauritanian-Spanish Business Forum, held on July 16, 2025, in Nouakchott, which brought together leaders from both countries and over 250 economic institutions. The forum aimed to solidify the bilateral economic partnership and explore cooperation opportunities in vital sectors such as energy and environment.
The forum also highlighted Mauritania's structural reforms and new investment law, designed to attract foreign investments. These efforts have contributed to a more favorable business environment, making Mauritania an attractive destination for investors. The meeting between Minister Ould Amhimid and the Spanish Chamber of Commerce President aimed to build on this momentum.
Minister Ould Amhimid's visit to Spain also included participation in high-level events focused on financing sustainable development goals. This engagement underscores Mauritania's commitment to achieving sustainable development and its efforts to engage with international partners to support this goal.
The discussions between Mauritania and the Spanish Chamber of Commerce reflect both countries' mutual interest in strengthening economic ties and promoting investment. By working together, they aim to unlock new opportunities for cooperation and development, ultimately benefiting both nations.
Key points
- Mauritania's Economic Minister meets with Spanish Chamber of Commerce to attract investments.
