It was the first bilateral summit in seven years between the Spanish and the British heads of government. They met in Downing Street to sign a Bilateral Strategic Framework
agreement aimed at strengthening ties between the two countries and expanding their cooperation in a wide range of areas: sustainable growth, foreign policy, relations between the two societies, climate and energy policy, European security and defence, judicial cooperation and migration and transport.
The leaders emphasized the "harmony" between the two governments. "We are aligned on many policies; we are going to sign a very important bilateral agreement that will strengthen our collaboration on numerous issues, such as gender equality, sustainable development, and the transition to green energy," said Pedro Sánchez, who also highlighted the benefits of the agreement on Gibraltar reached in June between Spain, the EU, and the United Kingdom.
President Sánchez and the British Prime Minister also participated in a meeting with business leaders from both countries, which was also attended by the Spanish and British finance ministers. The President emphasized the strength of bilateral economic relations, despite obstacles such as Brexit, the pandemic and the Russian invasion of Ukraine, and confirmed that these relations are now entering a new phase following the signing of the Strategic Framework and the agreement on Gibraltar. The Spanish leader urged business leaders to take advantage of the new context and the collaboration between Spain and the United Kingdom in strategic sectors to amalgamate a "stable, dynamic, and long-term" partnership. The Spanish President noted that the United Kingdom is the largest non-EU market for Spanish exports, with a value exceeding €50 billion in 2024, and the second-largest destination for Spanish direct investment worldwide.