In four years time, Spain has quadrupled its investments in the United States. Spain´s growing involvement with the U.S. is manifested in the intensification of visits by Spanish trade delegations. Last year, our office organized an Investment Forum in Chicago. This year, first a Spanish trade mission traveled to Washington and Colorado and last week another group visited the states of Massachussetts and Pennsilvania. Next month (May 11- 16), it will be the turn of Texas.
The Honorable Eduardo Aguirre, U.S. Ambassador to Spain, and the American Chamber of Commerce in Spain will lead a this mission involving 25 Spanish companies from the following sectors: energy, infrastructures, life sciences, information technology and food products. They will visit be touring three main cities (Dallas, Austin and Houston), interacting with the state’s foremost business development institutions, research centers and especially potential business partners. Some confirmed participants are BioHouston, the NASA Space Station and the Houston Technology Center.
Specifically the mission will promote:
- Direct investments by Spanish companies
- Joint ventures with US companies
- Exchange of know-how
- Licensing agreements
Besides the Embassy and the American Chamber of Commerce in Spain, the organization will be led by Foreign Commercial Service in Texas and key business organizations in Dallas, Austin and Houston. (Greater Dallas Chamber of Commerce, Greater Austin Chamber of Commerce and Opportunity Houston). The Governor Rick Perry, the Texas Secretary of State Phil Wilson, the Assistant Secretary of the US Department of Commerce Israel Hernández and the General Director of the US Commercial Service in Washington will also participate on the mission, according to the program.