The Canary Islands hosts an information day on transport aid

2024-02-02

The Government delegate in the Canary Islands, Anselmo Pestana, presided over the information day for companies aid for the transport of goods to or from the Canary Islands, organised by the Government Delegation and the Official Chamber of Commerce, Industry, Services and Navigation of Santa Cruz de Tenerife. The conference, which was held at the headquarters of the Chamber of Commerce, was also attended by the president of the Foreign Trade Commission of the Chamber, Arturo Escuder; the insular director of External Action of the Cabildo de Tenerife, Pedro González, and the territorial director of Commerce and delegate of ICEX in Santa Cruz de Tenerife, Cristina García. The conference aimed to offer complete information to Canarian companies so that they are aware of the procedures and requirements necessary to apply for the aid managed by the Functional Area of Development of the Government Delegation in the Canary Islands for the transport of industrial, agricultural and banana goods to or from the archipelago.

The Government delegate highlighted how this aid has been acquiring more and more relevance for the business and industries of the Canary Islands, particularly in the last five years, in which it has gone from the granting of 69.1 million euros in aid in 2019 for transportation in 2018, to the nearly €89 million granted in 2023 in 2022, an increase of more than 28%.

"In recent years, the Government of Spain has been updating and improving the ordinance that regulates this aid as part of its commitment to the Canary Islands and their prosperity. This aid partially alleviates the unequal conditions under which our archipelago operates due to its status as an outermost region in the European single market," says Anselmo Pestana.

"One of the latest improvements promoted by this Government, through the General State Budget Law for 2023, was to allow advances on transport aid, that is, that part of this subsidy can be received by Canary companies already in the first half of the year, without having to wait for the final resolution of their application. These are improvements that, in turn, result in productive operations, the dynamisation of the economy, and the social prosperity of our islands," he adds.