{"id":20291,"date":"2025-05-21T18:47:46","date_gmt":"2025-05-21T16:47:46","guid":{"rendered":"https:\/\/oficinaeconomicagalicia.xunta.gal\/lorenzana-calls-for-coordination-with-the-central-government-and-the-eu-to-defend-galician-companies-pending-the-final-tariff-scenario\/"},"modified":"2026-05-22T13:30:30","modified_gmt":"2026-05-22T11:30:30","slug":"lorenzana-calls-for-coordination-with-the-central-government-and-the-eu-to-defend-galician-companies-pending-the-final-tariff-scenario","status":"publish","type":"post","link":"https:\/\/oficinaeconomicagalicia.xunta.gal\/en\/lorenzana-calls-for-coordination-with-the-central-government-and-the-eu-to-defend-galician-companies-pending-the-final-tariff-scenario\/","title":{"rendered":"Lorenzana calls for coordination with the central Government and the EU to defend Galician companies pending the final tariff scenario."},"content":{"rendered":"<ul>\n<li>She recalled that the Xunta has been holding monthly meetings with the Ministry of Economy, Trade and Industry through the Interterritorial Internationalization Council, as well as with ICEX and the Directorate General for International Trade and Investments.<\/li>\n<li>She announced that next Monday, May 26, a second meeting will take place with the economic sectors most affected in Galicia to explain the terms of the Xunta\u2019s announced working capital loan program of up to \u20ac1 million.<\/li>\n<li>She highlighted that Galician exports to the United States increased by 40.6% year-on-year in March (\u20ac52.84 million) and, cumulatively from January to March, by 4.7%, reaching \u20ac161 million.<\/li>\n<\/ul>\n<p><strong>Santiago de Compostela, May 21, 2025<\/strong><\/p>\n<p>The Regional Minister for Economy and Industry, Mar\u00eda Jes\u00fas Lorenzana, today called for coordinated action with the Spanish Government and the European Union to defend the interests of Galician companies while awaiting clarity on the final tariff scenario. \u201cWe must try to reduce this trade war as much as possible and seek negotiation. This is the first issue on which we need to work in coordination with the EU and the Government of Spain,\u201d she said.<\/p>\n<p>In response to a parliamentary question during the plenary session of the Galician Parliament, Lorenzana recalled that the Xunta has been holding monthly meetings with the Ministry of Economy, Trade and Industry through the Interterritorial Internationalization Council, specifically on April 10 and May 19. She also noted that meetings are being held through Igape with ICEX and the Directorate General for International Trade and Investments to monitor the impact of escalating tariffs. \u201cWe still do not know which tariffs will ultimately be imposed or when,\u201d she observed.<\/p>\n<p>On the Xunta\u2019s side, she assured that permanent contact is being maintained with the productive sector and announced that next Monday, May 26, a second meeting will take place with the economic sectors most affected in Galicia to explain the terms of the Xunta\u2019s announced working capital loan program of up to \u20ac1 million. \u201cAs soon as they submit their feedback, it will be officially published in the Official Gazette of Galicia (DOG),\u201d she stated.<\/p>\n<p>Among the measures implemented by the regional government, she recalled that the Economic Office of the Galician Institute for Economic Promotion (Igape) has created a specialized support unit with specific services, coordinated with its Miami office, from where webinars with companies have been organized this week. Today\u2019s session focused on the stone and construction materials sector, while tomorrow\u2019s will target biotech and ICT companies. In addition, within the framework of the Reacciona program, a new specialized internationalization consultancy service is expected to be launched soon. This response plan, she added, is coordinated with that of the Spanish Government and included in the ICEX High Impact Competitiveness Plan.<\/p>\n<h2>An Outstanding Export Cycle<\/h2>\n<p>In this context, Lorenzana emphasized the \u201coutstanding\u201d export cycle currently being experienced by Galicia, which achieved \u201cthe best export figures in history\u201d in 2024, reaching \u20ac31.019 billion, representing growth of 3.3% compared to the previous year.<\/p>\n<p>So far in 2025, she continued, the region has maintained a strong position within Spain, accounting for 8.1% of total Spanish exports recorded in March, when Galicia reached \u20ac2.7469 billion, significantly above the \u20ac2.4538 billion recorded in the same month of 2024\u2014an increase of 12%. The cumulative trade balance for 2025 also shows a value of \u20ac2.2139 billion.<\/p>\n<p>Regarding trade relations with the United States, she highlighted that exports in March increased by 40.6% year-on-year, reaching \u20ac52.84 million. Likewise, cumulative exports from January to March grew by 4.7% compared to the same period the previous year, reaching \u20ac161 million.<\/p>\n<p>Even so, she pointed out that the United States is only the eleventh-largest market for Galician exports, whose primary destination remains the European Union. Concerning the sectors most affected in Galicia, she mentioned the chemical industry (nearly \u20ac200 million in exports to the U.S.); the agri-food and bio sector (\u20ac135.8 million); metalworking (\u20ac114 million); shipbuilding (\u20ac92 million); and mineral products and automotive industries (nearly \u20ac60 million).<\/p>\n<p>\u201cWhat concerns us most is the indirect effect of reciprocal tariffs on imports and on trade relations with the EU, and how these may affect Galician producers,\u201d she concluded, calling for caution and the need to \u201cremain alert.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>She recalled that the Xunta has been holding monthly meetings with the Ministry of Economy, Trade and Industry through the Interterritorial Internationalization Council, as well as with ICEX and the Directorate General for International Trade and Investments. She announced that next Monday, May 26, a second meeting will take place with the economic sectors most [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":15273,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-20291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lorenzana calls for coordination with the central Government and the EU to defend Galician companies pending the final tariff scenario. - Oficina Econ\u00f3mica de Galicia<\/title>\n<meta name=\"description\" content=\"On 26 May there will be a meeting with the most affected economic sectors to explain the terms of the call for working capital loans.\" \/>\n<meta name=\"robots\" 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