500 million pesetas to promote foreign commerce

The vicepresident and councilor for Economy, Commerce and Industry of the Balearic Government, Pere Sampol, has announced this morning in a press conference, an investment of 500 million pesetas to promote different programmes of commercial promotion with the intention of consolidating markets such as the European, American or Asian, and to open new ones. To this end, agreements will be signed with businesses, attendance at international fairs will be subsidised, there will be cooperation in certain promotion projects and agreements will be signed with the offices of foreign promotion of other autonomous communities such as Catalunya, Valencia or Murcia.

The total figure of exports by the Balearic Islands during the period January to September of 1999, according to data supplied by the ICEX-Instituto Español de Comercio Exterior, was 98.343 million pesetas, which represents an increase of 64.4% over the same period of the previous year.

Source: Gabinet de Comunicació del Govern

Date of publication: 14/02/2000

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