Economy Minister Discusses Investments with Spanish Chamber of Commerce President

The Minister of Economy and Development, Mr. Mohamedou Ahmedou Mhaimid, held talks on Wednesday, in the Spanish capital, Madrid, with the President of the Spanish Chamber of Commerce, Mr. José Luis Bonet, on the sidelines of his participation in the high-level events of the Sustainable Development Goals Financing Dialogue Forums.

The Minister highlighted the country’s investment opportunities, incentives for foreign investors, and recent reforms to the Investment Code aimed at improving the business climate and attracting capital.

The President of the Spanish Chamber of Commerce praised Mauritania’s economic reforms, expressing Spanish businesses’ interest in available investment opportunities and the Chamber’s readiness to encourage Spanish companies to expand their presence and contribute to the country’s economic development.

Economic ties between the two countries have strengthened in recent years, notably through the Mauritanian-Spanish Business Forum held in Nouakchott on July 16, 2025. Attended by leaders from both countries and more than 250 economic institutions, the forum focused on cooperation in key sectors, including energy and the environment, and highlighted reforms aimed at attracting foreign investment.