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Spain sees Türkiye as an attractive window of opportunity in the new period expected to emerge after the conflicts in the Middle East, Spanish Deputy Prime Minister and Minister of Economy, Trade and Business Carlos Cuerpo said.
He highlighted the excellent relationship with Türkiye at both the institutional and government levels.
Speaking in Madrid at the Ministry of Economy, Trade and Business building in remarks to Anadolu Agency and a group of foreign media outlets, Cuerpo said Spain and Türkiye have a strong relationship and that many Spanish companies and investors are already active in Türkiye, with Madrid seeking to expand that presence further.
Cuerpo said Spain has a truly excellent relationship with Türkiye at the institutional and government levels.
He said he had visited Türkiye a few months ago and noted that a significant number of Spanish companies and investors are operating in the country.
He added that Spain wants to develop that relationship even further.
According to Cuerpo, the close alignment between Spain and Türkiye, particularly in their foreign policies, is also positively affecting other bilateral ties.
He said there is a highly compatible shared vision between the two countries and that this strengthens bilateral relations.
Cuerpo said companies in both countries want to strengthen their presence.
He said this will become even more evident, especially in the new period.
"I believe Türkiye is an attractive window of opportunity for Spanish companies," Cuerpo said, adding that the work and efforts being carried out are aimed at that goal.
Cuerpo also commented on Spain's current relations with the United States after Spain faced threats from U.S. President Donald Trump, including the possibility of cutting trade ties, because Spain did not support attacks on Iran.
He said Spain continues to work with the U.S. under the same conditions and added that no threat had been seen.
"We continue to work with the U.S. under the same conditions. We have not seen any threat," Cuerpo said.
He also said that both the EU and the U.S. are maintaining existing agreements.
According to Cuerpo, Spain wants to strengthen its relations with the U.S. and will soon open a trade office in Boston in order to expand support for Spanish companies there.
Cuerpo said it remains unknown where the conflict in the Middle East, which began with attacks by the U.S. and Israel on Iran and Iran's response, will lead.
He said it is still unclear how negotiations launched with the ceasefire will conclude, whether the Strait of Hormuz will reopen and whether energy flows will be guaranteed.
Cuerpo said Spain has natural and fundamental trade partners and that the country defends the EU's basic principles.
He said Spain believes the EU should diversify its bilateral trade relations.
In the new geographical, international and economic period, Spain wants to be an important actor, he said.
By that, he said he meant being able to build balanced relations at the international level with key partners and important actors, while increasing the number of partners with which free trade agreements exist and ensuring as much diversification as possible.
For that reason, he said, agreements with Mercosur, India, Australia and Indonesia are important.
"We are not alone," he said.
Cuerpo also underlined the importance of Spanish Prime Minister Pedro Sanchez's planned April 11-15 visit to China.
He said Spain is working to reduce its trade deficit with China.
Spain’s trade deficit with China hit a record €42 billion ($49.24 billion) in 2025, driven by a sharp 11% surge in imports.
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