Felipe VI demands "stable environments, legal security, and solid and transparent institutions" for Ibero-America to generate trust

King Felipe VI emphasized the importance of an open economy based on equal rules during a meeting with Ibero-American business leaders in Madrid. He expressed sadness over the death of Fátima Báñez and highlighted the current global uncertainties, including energy competition and geopolitical tensions. The King advocated for cooperation among Ibero-American nations, citing their energy potential and the need for stable environments and strong institutions to foster business confidence. Spanish Prime Minister Pedro Sánchez and other leaders echoed these sentiments, stressing the necessity of strong institutions and the role of Ibero-America in global governance. They discussed the challenges posed by artificial intelligence and the importance of multilateralism in addressing international issues.