Presentation of the ZEC to Members of the Connection Group of the IX Atlantic Parliamentarians Sessions

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Canary Islands. – The president of the Canary Islands Special Zone (ZEC), Beatriz Barrera, presented the design of the Economic and Fiscal Regime incentive (REF) of the Canary Islands, mentioning its benefits, results and economic impact, to the Members of the Parliaments of Azores, Madeira and the Canary Islands, which make up the Connection Group for progress in the preparation of the IX Atlantic Parliamentarian Sessions, that met today in the Parliament of the Canary Islands.

During this working meeting, which was chaired by the head of the Canary Islands Parliament, Carolina Darias, attended by Members of the Legislative Assembly da Região Autónoma dos Açores, the Legislative Assembly da Região Autónoma da Madeira and the regional Chamber, the ZEC was presented, which is a tool that contributes to the economic development of the Canary Islands and the creation of value added employment in key sectors for the economic diversification of the islands. During her intervention, Barrera thanked Darias for the invitation to inform about this instrument of the REF which, as she highlighted, “is an opportunity to exchange experiences on economic matters with the legislative assemblies of the Macaronesia and to promote  cooperation between the RUP territories in the defence of our singularities in the EU regulatory framework”. “We must encourage collaboration strategies that allow us to face common challenges to promote economic development, job creation, diversification, connectivity, sustainability, innovation, among others,” she noted. The president of the ZEC said it is planning a meeting with her counterpart in Madeira to establish synergies between the RUP territories for the next negotiation. In this line she indicated that the objective is to create synergies between the regions in order to be complementary.

During this meeting the CEO of the Canary Islands Economic Development Company (Proexca), Pablo Martín Carbajal, also spoke


Presentation of the ZEC to the Connection Group of the IX Atlantic Parliamentarians Sessions