The
Spanish companies
that export their products to Russia and Ukraine are
concerned
this Thursday about the conflict that has broken out between the two countries, asking the European Union to coordinate with the rest of the countries the sanctions that it is going to impose on Moscow and warning that
the conflict will have very negative consequences for Spain and its companies due to energy dependence on foreign countries.
"
The sanctions imposed on Russia will end up being paid by the companies
because they will end up increasing our gas. We are at a disadvantage there," lamented
Balbino Prieto
, president of Nova Internacional and honorary president of the
Exporters Club
during the 'EuropaNext' forum. : 2050', alluding to the country's need to import energy and the impoverishment that could result from an even higher price of gas and oil due to the conflict.
Spain "has always had to play Algeria and Morocco.
If now the gas supply with North Africa is reopened,
we would be in a comfortable stage, but we have to follow all this with great attention," he pointed out.
At a commercial level, exports could also suffer, although they had already been declining in recent years.
"
This crisis is not good news for companies
. It is true that exports to Russia and Ukraine have been suffering in recent years, with Russia, for example, food exports have fallen a lot," Prieto pointed out.
Today, exports to Russia account for 0.7% of the country's total and those to Ukraine represent 0.2%.
Regarding
investments
, the president of the Exporters Club has admitted that
"they have not been successful."
In fact, "investments that have lasted over time
have had to leave the country for political reasons
because legal certainty is conspicuous by its absence despite the fact that there is too much political stability. Entering to invest there those who dare the most are the Germans".
Marta Blanco,
president of
CEOE Internacional,
lamented that "there are going to be direct effects and induced effects" derived from the conflict, and has called
for "coordination
within the EU and outside, with the US, the UK, Japan when it
comes to impose sanctions and that the sanctions be clear and transparent
, that they are not subject to any type of interpretation, because companies have to move in the markets and it is important that there be clarity in the sanctions and their effects".
Inmaculada Riera
, general director of the Spanish
Chamber of Commerce,
has agreed with her ,
who has asked that the solution to the conflict come "from the hand of Europe with maximum coordination and a common response on the European part".
"Stability is fundamental
. We will have to see the indirect impact and the sanctions that are agreed.
From the Secretary of State for Commerce we will accompany the companies with information
and through the office in Moscow trying to mitigate these impacts for the companies", he has promised
Elisa Carbonell
, general director of Internationalization of Companies of
ICEX.
José Terreros
, general director of
IMEX Impulso Exterior
, has pointed out that the conflict will mean a "
brake to economic growth"
and has asked to be aware of the impact on Spanish companies.
"It is unfortunate, exports to Russia that last year exceeded 2,000 million and those destined for Ukraine, which were about 630 million, are going to be affected in the coming months."
Conforms to The Trust Project criteria
Know more
Russia
Ukraine
Europe
European Union
EuropaBolsonaro strengthens ties with the ultra-nationalist Orban
UkraineJosep Borrell assures that "the bombing has begun" in eastern Ukraine
Wide AngleTurkey bets on realigning with NATO at a key moment for Europe
See links of interest
Last News
Ukraine
Paul Married
When does the 2021 Income start?
Income 2021
Work calendar 2022
Economy Podcast
How to do
Benfica-Ajax
Atletico Madrid - Manchester United