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Mauritania and Spain Discuss Strengthening Economic and Financial Cooperation
High-Level Talks to Deepen Bilateral Relations
Mauritania and Spain have recently engaged in high-level discussions aimed at enhancing their economic and financial cooperation. The talks took place in Nouakchott, where Mauritania’s Minister of Economic Affairs and Promotion of Productive Sectors, Abdessalam Mohamed Saleh, met with the Spanish Secretary of State for Trade, Xiana Méndez. The meeting underscored the mutual interest of both nations in expanding their partnership across various sectors.
During the meeting, both parties emphasized the importance of building on the strong historical and diplomatic ties that unite the two countries. They expressed a shared commitment to fostering sustainable development and economic growth through joint initiatives and increased investment. The discussions also highlighted the role of Spain as a key European partner for Mauritania, particularly in areas such as infrastructure, energy, and trade.
Key Areas of Economic Collaboration
The dialogue between Mauritania and Spain focused on identifying strategic sectors where cooperation could be intensified. Both sides agreed to explore new opportunities and reinforce existing projects that contribute to the economic development of Mauritania. The Spanish delegation reaffirmed its support for Mauritania’s national development strategy and expressed readiness to mobilize resources and expertise.
- Infrastructure development, including transportation and logistics
- Renewable energy projects, particularly solar and wind energy
- Support for small and medium-sized enterprises (SMEs)
- Technical assistance and capacity building in financial governance
- Promotion of bilateral trade and investment flows
These areas were identified as priorities for future collaboration, with both governments agreeing to establish mechanisms for regular follow-up and evaluation of progress.
Commitment to Long-Term Partnership
The meeting concluded with a reaffirmation of the long-term commitment between Mauritania and Spain to deepen their economic and financial ties. Both parties expressed optimism about the future of their partnership and the potential for mutual benefit. The Spanish Secretary of State for Trade praised Mauritania’s efforts in improving its business climate and encouraged continued reforms to attract foreign investment.
Mauritania, for its part, welcomed Spain’s willingness to support its development agenda and emphasized the importance of inclusive growth and job creation. The two sides agreed to maintain open channels of communication and to organize future meetings to monitor the implementation of agreed initiatives.
Conclusion: A Promising Path Forward
The recent discussions between Mauritania and Spain mark a significant step toward a more robust and diversified economic partnership. By focusing on key sectors such as infrastructure, energy, and trade, both countries are laying the groundwork for sustainable development and shared prosperity. The commitment to ongoing dialogue and cooperation reflects a mutual desire to build a resilient and forward-looking relationship that benefits both nations.
