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CEOE President Antonio Garamendi spoke at the opening of the preparatory consultative meeting for the Ministerial Conference of the OECD (Organization for Economic Co-operation and Development – OECD), which will take place on October 28 and 29. Also participating, among other personalities, were the Minister of Foreign Affairs, European Union and Cooperation, Arancha González Laya; the Secretary General of the OECD, Ángel Gurria; the Secretary of State for Spain Global, Manuel Muñiz; as well as ambassadors and representatives of the business and union world.

At the event, organized by Business at OECD (BIAC) and The Trade Union Advisory Committee (TUAC), economic and social recovery plans, the role of the OECD in defining comprehensive policies and the importance of international trade, global value chains and investment to promote a sustainable recovery from the Covid-19 crisis were analyzed. ; as well as on the next steps foreseen, with a view to holding the OECD Ministerial Council Meeting on October 28 and 29.

After recalling the seriousness of the economic and social crisis in his country, the CEOE president, Antonio Garamendi, highlighted the recovery capacity of the Spanish economy and stressed that businessmen are part of the solution to get out of a crisis in which there is to face a double challenge: an immediate one of a temporary nature, such as the reactivation of economic growth and the recovery of employment; and another, of a more structural nature, consisting of achieving the transformation of the economy, to make it more competitive and resilient.

He declared that entrepreneurs know how to face this crisis, through greater investments to transform the productive fabric and make it more competitive, resilient and international; but, at the same time, he clarified that this objective could not be achieved if the necessary confidence in the business community is not generated, through a more flexible regulatory environment, a climate favorable to business dynamism, macroeconomic stability and structural reforms. Finally, he highlighted the importance of social dialogue in Spain and unity to overcome the crisis, and start the economic and employment recovery in our country as soon as possible.



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