Sanchez concludes Day 2 of the UN Conference in the company of leaders from Honduras, Senegal, and North Macedonia.
In a significant move towards strengthening bilateral ties, Spanish Prime Minister Pedro Sánchez has recently signed a new Framework for Development Cooperation with Honduran President Xiomara Castro. This agreement will serve as the basis for Spain's cooperation with Honduran institutions and civil society until 2029.
The new framework comes as part of Spain's commitment to sustainable development and global solidarity, as outlined in the 2023 Law on Cooperation for Sustainable Development and Global Solidarity. This law aligns Spain's development priorities with the 2030 Agenda and the Paris Agreement on Climate Change, and legally commits the country to allocating 0.7% of its gross national income (GNI) to official development assistance (ODA) by 2030.
Spain's focus regions for cooperation continue to include Latin America and the Caribbean, which covers Honduras. In 2024, Spain's ODA increased to USD 4.4 billion, and the country is working on a new results framework for its development cooperation Master Plan, including the creation of a new Spanish Cooperation Evaluation Office.
Active involvement in decentralized cooperation, including regional and local entities and public universities, is part of Spain’s approach. In Honduras, cooperation efforts involving gender equality and civil society engagement are ongoing, with UN Women collaborating with political and civil society groups, including those with Spanish cooperation involvement.
While details about the specific provisions and components of the new Framework for Development Cooperation between Spain and Honduras are not yet publicly available, it is clear that the agreement aims to achieve shared prosperity for both continents. During their discussions, Sánchez and Castro addressed common challenges such as migration and regional security.
Meanwhile, Pedro Sánchez also held bilateral meetings with the presidents of Honduras, Senegal, North Macedonia, and the President of the African Union, Mahmoud Ali Youssouf. The aim of these discussions was achieving shared prosperity for their continents. Sánchez also discussed the possible enlargement of the European Union to the Balkans with the President of North Macedonia, Gordana Siljanovska-Davkova.
In a separate development, Sánchez and Mahmoud Ali Youssouf also discussed mechanisms to improve cooperation and increase resources for development financing during their meeting with the UN Secretary-General, Antonio Guterres, and presidents of multilateral development banks.
As Spain continues to strengthen its ties with various nations, it remains committed to its goals of sustainable development, global solidarity, and cooperation for shared prosperity. Further details about the new Framework for Development Cooperation between Spain and Honduras are expected to be released in the near future.
- The new Framework for Development Cooperation between Spain and Honduras, part of Spain's focus regions for cooperation, is an attempt to achieve shared prosperity for both continents, aligning with Spain's commitment to sustainable development and global solidarity.
- In addition to bilateral talks with various nations, Spain's government, under Prime Minister Pedro Sánchez, has discussed mechanisms to improve development financing with UN Secretary-General Antonio Guterres and presidents of multilateral development banks, demonstrating its continued focus on finance and business in its international relations, along with politics and general-news agendas.
