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  HOME | Latin America (Click here for more)

Hispanic Business Group Wants to Help Spanish Companies Enter U.S., Latin America

VALLADOLID, Spain – The United States Hispanic Chamber of Commerce, or USHCC, a group representing 4.1 million businesses, wants to serve as a gateway for Spanish companies seeking to enter both the U.S. and Latin American markets, said the organization’s chairman, Donald J. Salazar.

Salazar, who will take part Tuesday in an event in the northern Spanish city of Valladolid to inform small- and mid-sized companies in Spain of opportunities in the United States, said in written responses to questions from EFE that the U.S. market provides great opportunities for those selling all kinds of products.

“Markets are changing to the point where the agrifood industry has business opportunities like it has never had before in the United States,” the USHCC chairman said.

Consumption of beer and wine, for example, have increased, Salazar said.

“In the past year and just in the state of California, wine sales increased 7 percent; and, currently, average wine consumption in the United States is 13 bottles per person, in a nation with 323 million inhabitants,” Salazar said.

Regarding recent events, like the “Brexit” vote in Britain, Salazar said the decision by voters in the United Kingdom to leave the European Union “after 40 years should not affect the good trade relations with the United States.”

In response to a question about whether Britain’s departure from the EU could benefit Spanish-U.S. relations, the USHCC chairman said current bilateral trade relations “are good and solid,” but the British move could “make them even better as a consequence.”

The USHCC supports the U.S.-EU free trade agreement because “when a market has the opportunity to open up, not only does it lead to more competitors, but it is also an exceptional open door to global markets,” Salazar said.

The USHCC is the umbrella organization for 200 local chambers of commerce in the United States, representing a total of 250 large corporations and 4.1 million Hispanic businesses.

 

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