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What it is

ICEX becomes a public business entity

BOE step 7 of 7 · Passed

It is a royal decree-law. It was introduced on 11 April 2011. Introduced by: Gobierno.

Official title: Royal Decree-Law 4/2011, of April 8, on urgent measures to boost internationalization through the creation of the public business entity 'Spanish Institute for Foreign Trade' (ICEX).

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Source: Congreso de los Diputados, file 130/000041· updated 11 Nov

Automatic summary, not yet reviewed

  1. ICEX stops being a public law entity and becomes a public business entity, attached to the Ministry of Industry, Tourism and Trade. It keeps its own legal personality, assets and treasury, independent from the State.
  2. Its mission is to promote the internationalization of Spanish companies, especially small and medium-sized ones (PYMES Small and medium-sized enterprises (SMEs).), at every stage of the process, through services, financial support, information, financing or advice.
  3. The new entity can be funded with its business income, loans, donations and money from the General State Budgets. Its staff is governed by labor law and its contracts by the public sector contracts law.
  4. The new entity inherits the rights and obligations of the previous one, with no increase in public spending. The Government must approve its statutes within three months. In addition, the extension municipalities can request to justify works under the State Fund for Employment and Local Sustainability is extended from 6 to 12 months.

Who it affects

  • Spanish companies, especially PYMES, which receive services and financing to sell abroad.: Direct beneficiaries of the reform.
  • ICEX workers, who come under labor law and automatically join the new entity.: They keep their rights and obligations.
  • Municipalities with works under the State Fund for Employment and Local Sustainability.: They can request an extension of up to 12 months to justify completion.
  • The Ministry of Industry, Tourism and Trade, to which ICEX is attached.: It oversees the new entity.

Words worth knowing

Entidad pública empresarial
Public entity that mostly operates under private law rules, like a business, even though it belongs to the State.
Entidad de derecho público
Public entity governed mainly by administrative rules, which are more rigid than business ones.
PYMES
Small and medium-sized enterprises (SMEs).
Real Decreto-ley
Royal decree-law: a rule with the rank of law that the Government can pass urgently, without prior approval by Congress.
Medio propio instrumental
An entity that works exclusively for a public administration, so those assignments do not go out to tender.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries

Where it stands

How far did it get?

It took 7 of 7 steps. It reached BOE, and today it is passed.

  1. Introduced11 April 2011Someone registers the text in the Congreso.
  2. Admitted26 April 2011The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
  3. Amendmentsno dateGroups propose changes.
  4. Committeeno dateA committee goes through the text in detail.
  5. Plenary26 April 2011All 350 deputies vote.
  6. Senateno dateThe Senate can pass it, amend it or veto it.
  7. BOEno dateIt is published in the Official State Gazette (BOE) and comes into force.
See the 4 official steps on a timeline
Apr 201111. 11 April 2011: Presentación22. 26 April 2011: Calificación33. 26 April 2011: Pleno Convalidación desde 26/04/2011 hasta 05/05/201144. 5 May 2011: Concluido - (Convalidado) desde 05/05/2011 hasta 11/05/2011

Was there a plenary vote?

We have no plenary vote linked to this law in the Congreso’s data.

What happens next

What happens now?

It is law, or will be once published in the BOE. It comes into force on the date its own text sets.

Published in the BOE: Royal Decree-Law 4/2011, of April 8, on urgent measures to boost internationalization through the creation of the public business entity "Spanish Institute for Foreign Trade" (ICEX).

Sources

Where does all this come from?

  • The data comes from the open files of the Congreso, the Senate and the BOE, unaltered.
  • Each deputy’s province is the one of their seat on the day of the vote.
  • We only say “passed” or “rejected” when the majority needed is certain; otherwise we say which side had more votes.

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