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Automatically generated
subtitles.

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It's getting a little
worrying. Saudi is the

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one we said they had the
plant, supply happened

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and you've canceled your
local assembly there. The

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Indian suppliers are
beginning to suffer power

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shortages or rationing.


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This will have
implications for

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Idiazabal and other plant
types around the world.

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Middle East is no.7 in
the Basque Country.

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The market is focused on
exports; we exported

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approximately 1,13
billion euros last year

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and there are 22 amber
companies with some 63

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patents or
implementations.

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Key sectors such as
steel, chemicals, autos

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and machinery are
especially dependent on

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energy markets,
international logistics

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routes and specific
exporting markets.

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Scope is focus of
transportation, it is

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energy, energy costs,
opportunity, importing or

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exporting inputs


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The impact on the economy
and peoples wallets will

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be very different
depending on whether it

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lasts a few weeks or
several months and there

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is a risk, a genuine risk
of (Music)

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Energy or transport
prices, or indeed the

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price of many basic
commodities, we can react

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quickly if and when a
first package of measures

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to protect our industry,
our jobs, and indeed the

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livelihood of our
families should become

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necessary because it
would take some time to

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roll out.