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Opportunity knocks

Article Abstract:

The Spanish government, business and bankers are interested in a world economy that is centering around Asia. The government is demonstrating an interest by offering soft loans; increasing their diplomatic presence in Southeast Asia; and fostering good relations with China. At a time when Spanish Finance Minister Rodrigo Rato drafted a budget with significant reductions designed to reduce the budget deficit by 3.6% of the GDP, approximately $620 million in soft loans were allocated to Asia, especially China. In turn, Asia is forming an important part of Spain's export business.

International relations, Asia, International economic relations, Spanish foreign relations, Export sales contracts

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Culture and castanets for the Asian visitor

Article Abstract:

The Spanish Government is supporting efforts by the country's tourism industry to attract an increasing number of visitors coming from Asian countries. Tourism accounted for 8% of Spain's Gross Domestic Product in 1991 and played a significant role in the country's economic boom during the late 1980s. The Barcelona Olympiad and the Seville Expo led to an increase in the number of visitors to the country in 1992. The government is aware that attracting Asian visitors to the country is the best way for tourism to continue its growth in 1993.

Travel industry

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Catalonia: workshop with a world view

Article Abstract:

Catalonia is Spain's leading industrialized region. Catalonia attracted 16% of foreign investments in Spain in 1991. A significant part of these investments came from Asian countries, with Japan being the largest Asian investor in Catalonia. Catalonia's trade with Asian countries continue to grow in 1991, with both exports and imports registering a 22% increase over the figures registered in 1990. The Consortium for the Promotion of Commerce of Catalonia in Asia helps Spanish companies interested in investing in Asia.

Economic aspects, Catalonia

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