Mexican companies have made vital investments of greater than 30 billion euros (US$33 billion)  in Spain, positioning Mexico because the sixth-largest investor within the nation.

The Spanish ambassador to Mexico, Juan Duarte Cuadrado, highlighted the rising curiosity of Mexican firms in investing in Spain, with over 500 established firms contributing to this funding inventory.

These investments have primarily targeted on development, actual property, inns, and finance, concentrating within the Madrid area.

The Spanish ambassador emphasised that Spain is a possible platform for attracting funding and a pure vacation spot for Latin American multinationals.

The shut financial ties between the 2 international locations transcend the numbers, creating complementary economies. The presence of main Spanish firms in Latin America additional highlights the pure marketplace for Spain within the area.

Moreover, Mexican businessmen have been increasing their presence in Spain because of elements such because the depreciation of the euro and authorities incentives for acquiring “golden visas” by way of substantial investments.

This has led to vital merger and acquisition exercise within the Spanish market.

Then again, Spain has additionally invested in Mexico, with registered investments totaling over US$53.484 billion.

Regardless of latest tensions and requires a pause in bilateral relations, enterprise leaders, such because the president of Coparmex, José Medina, emphasize the necessity to strengthen the connection between Mexico and Spain.

They consider that the commonalities and shared pursuits between the 2 nations outweigh any variations.

The investments made by Mexican companies in Spain and vice versa display the mutually useful nature of their financial relationship, fostering nearer ties between the 2 international locations.