Prime Minister's Office of Spain

09/23/2026 | Press release | Archived content

Pedro Sánchez calls for more dialogue, cooperation and multilateralism in the face of crises caused by wars

Pedro Sánchez calls for more dialogue, cooperation and multilateralism in the face of crises caused by wars

President's News - 2026.9.23

"For a few, war is a geopolitical game. But for those who suffer the financial consequences, it is a real life-altering tragedy", he said.

New York (United States)

The President of the Government of Spain, Pedro Sánchez, speaks at the Global Economy Forum (Pool Moncloa/Borja Puig de la Bellacasa)

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The President of the Government of Spain, Pedro Sánchez, took part on Wednesday in New York in the forum "Latin America, Spain and the United States in the Global Economy', organised by the Spanish Chamber of Commerce in the United States. The forum served as a meeting point for leaders from the political, business, financial and academic spheres to analyse the main challenges and opportunities facing the international economy.

During his speech, the President of the Government of Spain emphasised that, in the face of the challenges posed by wars, it is more necessary than ever to commit to "more dialogue, more collaboration, more multilateralism". In this vein, he highlighted the importance of relations with Latin American countries and the United States. "Clearly, the Spanish economy cannot be understood without the United States, which is the largest investor in our country and the main destination for our exports outside the European Union. Nor can it be understood without Latin America", he added.

Speaking about the immediate impact of wars on society, Pedro Sánchez said that "inflation means weariness, it means uncertainty about one's livelihood, and it means frustration at realising that one's pay simply isn't enough". In light of this situation, he highlighted the emergency measures introduced by the Government of Spain, which are based on two pillars: "protecting our businesses and workers" and "aligning these measures with a long-term strategy".

In this regard, President Sánchez emphasised that the Spanish economy is heading into the final quarter of the year with year-on-year growth of 2.7 per cent and that Standard & Poor's has raised its forecast for Spain's GDP growth in 2026 to 2.4 per cent, three times the eurozone average. "We're not just growing. We are doing this in the best possible way: without creating imbalances and by sharing the burden", he emphasised.

Non official translation

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