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Orkestra Urges Basque Shift to Strategic Internationalization in Annual Report

The institute argues that a deliberate, long‑range approach overseas is essential to protect Euskadi's industrial base.

Overview

  • Presenting its 2025 report, Orkestra calls for moving beyond traditional commercial openness to a strategy focused on resilience and local anchoring.
  • The recommendations press Basque companies to pursue new business in Asia and Latin America to avoid erosion of competitiveness.
  • Orkestra advises establishing subsidiaries in countries leading major technological, energy and digital transitions to tap growth and capabilities.
  • The report urges attracting foreign capital under conditions that strengthen local roots, alongside targeted recruitment of qualified international talent with roles matched to their training.
  • Bizkaia deputy general Elixabete Etxanobe and Basque industry minister Mikel Jauregi attended the presentation, as the proposals enter the regional policy conversation without immediate binding measures.