Spain and Portugal held intergovernmental summit for the second time, 4 months apart

At the summit held on the island of Lanzarote, a part of the Canary Islands group in southwest Spain, some agreements were signed on justice, work, education, health, culture and cross-border sustainable development.

Spanish Prime Minister Pedro Sanchez, at the press conference held after the signing ceremony, said that “they discussed the excellent and deepening bilateral relations between the two countries”.

Sanchez stated that they once again reviewed the agreement reached at the end of last year on the construction of a submarine pipeline (H2MED project), which will carry hydrogen from the Iberian Peninsula to Europe by 2030, with the participation of France and Germany, as well as Spain and Portugal.

Reminding that Spain will assume the presidency of the European Union (EU) as of July 1, in a complex and uncertain period created by the Russia-Ukraine war, Sanchez said that the EU should not be alone on issues such as energy, health and food security, that the EU should form an alliance, that the world drew attention to the need to create more cooperation and synergies with other regions.

Portuguese Prime Minister Antonio Costa also stated that Spain and Portugal act jointly in their energy policies and that they want this to spread throughout the EU.

Costa said, “We have succeeded in obtaining the Iberian solution to stop the rise in electricity and gas prices. Therefore, Spain and Portugal are more competitive than other countries in the Eurozone. With the H2MED project, we are adding continuity to strengthening the overall economy of Europe.” said.

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