The Government plans to approve in the next Council of Ministers

new measures to support companies and the self-employed,

including the inclusion of bonuses and extensions of the grace periods and amortization of ICO credits granted to face the coronavirus pandemic.

This was advanced today by the third vice president of the Government and Minister of Economic Affairs and Digital Transformation,

Nadia Calviño,

during the closing of the XXV S'Agaró Economy Meeting, which was held in Barcelona.

Calviño has explained that these measures must prevent viable companies from closing due to solvency problems caused by the temporary drop in activity, reports Efe.

Save the Christmas campaign

For her part, the Secretary of State for Commerce, Xiana Méndez, announced this Saturday that the Government will

promote an "immediate action"

for the commerce sector aimed at saving the Christmas campaign, given the restrictions to stop the contagion of Covid- 19, which have affected a large part of the commercial fabric.

Xiana Méndez has regretted that the temporary closure of shops, such as beauty centers, has had a special impact on "female employment."

He has found that trade represents more than 13% of Spanish GDP and that 13% of the companies in the sector are micro-SMEs and self-employed, agents that he has described as essential for economic and social cohesion.

In this sense, it has lamented the situation of vulnerability in which they find themselves, because "

a sector

has been

hard hit

by an unprecedented situation."

INTERNATIONAL MARKET

Regarding foreign and international commercial activity, he said that the year 2020 had a good start but saw its dynamics interrupted in March by Covid-19, although it sees a "vigorous recovery" due to the reopening of borders.

It has valued the

growth

potential of

the agri-food sector towards the Asian market

, since there has been an increase in exports to China of pork product by 200%, something that Méndez attributes to the "sophistication, quality and price" of the products. products.

Regarding the election of the next director of the World Trade Organization (WTO), which is in the selection process, he hopes that "it will have a strong political weight and that it will bring together countries that are currently as distant as the United States and China" .

According to the criteria of The Trust Project

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