Sánchez offers "stability" to US investors and says the opposition "just scream"

The President of the Government, Pedro Sánchez, offered this Wednesday in New York political “stability” in Spain to attract investment from the United States, and he contrasted the attitude of his Executive, which he said “works and takes measures forward”, with that of the opposition, which, as he stressed, “only shouts.”

Sánchez defended this stability in a colloquium interview organized by Reuters on the occasion of his economic tour American, which after New York will also take him to Los Angeles and San Francisco.

On the tour there will be no meeting with the US president, Joe Biden, or with any member of the US Administration, because, according to the Spanish government, “the objective is totally economic.”

In the colloquium, the chief executive stated that one of the lessons that can be drawn from the pandemic is that it must be faced from “unity” and regretted that both in the United States and in Spain the covid-19 has been used to make a “partisan battle”.

Sánchez added that he likes to be a politician who “complies” and makes decisions while the opposition, “unfortunately, just scream.”

“That is the biggest difference between the position of the government, which complies, approves laws, reforms and investments” and that of the opposition, said Sánchez, who was convinced that Spaniards “will evaluate positively” the performance of the Executive and the decisions he had to make in these difficult moments.

Reforms and political stability

The next thing you have to do, he said when asked by the interviewer, is carry out the General State Budgets for next year, how the previous ones could be approved and how he hopes that it will also happen in the following ones.

Along these lines, when asked if it could also offer political stability to investors by preside over a coalition government without a majority In Parliament, Sánchez recalled that, until now, he has been able to carry out all his initiatives.

The president affirmed that he will continue to act, collaborating with your government partner, United We Can, and with other groups in Parliament. “Stability, certainty, is very important for foreign investment,” he insisted.

In this meeting, the chief executive highlighted the importance that vaccination is going to have for the economic recovery in Spain, which he assured will be much stronger than in the rest of the countries of the European Union thanks to the Recovery Plan and the European funds.

“We are going to enter a period of very intense pace of reforms and that probably we have not seen since the beginning of democracy “, said Sánchez, who recalled that investors “like reforms, recovery and growth.”

Cuba and Morocco

Regarding various issues of international politics, Sánchez avoided commenting on the situation in Cuba and, when asked about it and what he would say about it if he saw Biden, Sánchez limited himself to highlighting the “key” role that Spain can play throughout Latin America, not just in Cuba.

With regard to the diplomatic crisis between Spain and Morocco, the president considered this “strategic” country and he defended that only from the UN framework should a solution be sought for Western Sahara, a position that, he recalled, his Government has but all the previous ones in Spain have also had.

Green and digital investment

Before the colloquium organized by Reuters, Sánchez held this Wednesday at the Economic and Commercial Office of Spain in New York a meeting with the main investment groups from the United States, to which he exposed the main axes of the Recovery Plan for the Spanish Economy after the coup caused by the pandemic, and the importance of the arrival of funds.

Government sources called the meeting “successful” and reported that US funds were shown “very interested” in business opportunities that Spain can offer in the green, digital, industrial and training fields.

Sánchez had two other meetings with the same objective: a working lunch with the businessman and former mayor of New York, Michael Bloomberg, a meeting with Larry Fink, CEO of BlackRock, the world’s largest fund manager.

Praise to Biden

The reasons why Sánchez has not included Washington in his tour was the first question to which the President of the Government had to answer when opening his agenda in New York this Wednesday with a interview on MSNBC and the host of his main morning show interested in it.

Sánchez did not respond directly to the fact that he did not meet with Biden (with whom he agreed for the first time at the NATO summit held in Brussels last month), but he did justify that his agenda has an economic content practically in its entirety.

He did take the opportunity to praise the US president and qualify as “good news” not only for the United States, but for the whole world, that Biden achieved the presidency against Donald Trump.

Sánchez recalled important decisions that Biden has already made in the face of global challenges, such as the return of the United States to the Paris Agreement against climate change, and stressed that, after the pandemic, relations between the United States and the European Union must continue to strengthen even more after Donald Trump’s administration had a “hard to understand” attitude.

In that sense, he regretted that Trump saw the European Union as “a kind of enemy against his interests”, something that he considers part of a “total error”.


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