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Analysis
Iberia: Common interest, common market
Every day we see an increasing number of transactions between Spain and Portugal. The official figures published in both countries show that Spain and Portugal are increasing their imports and exports and the flow of direct investment with each other. Some of the largest Spanish companies have made significant investments in key economic areas of Portugal. It is clear that the Spanish companies are naturally expanding their business to the Portuguese market. Portuguese companies are also increasing their investments in Spain and are more actively searching for new business opportunities. There are about 3,000 Spanish companies established in Portugal and around 300 Portuguese companies established in Spain. The cross-border investment between Portugal and Spain has created a large number of jobs in both countries. It is likely that the cross-border investments and the creation of new jobs will continue to increase in the future.
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