AGP Executive Report

Cybersecurity Alert: Andorra’s National Cybersecurity Agency (ANC-AD) warned of “FortiBleed,” a cyberespionage campaign reportedly compromising 73,900 Fortinet firewalls worldwide, including systems in Andorra, urging firms to reset credentials and enable multi-factor authentication. Cross-Border Tax: Bulgaria and Andorra signed their first double-taxation avoidance agreement, covering taxes on income and capital, aiming to cut disputes and prevent double taxation for individuals and companies. Sovereign Tech Deal: AMEC and Andorran AI/sovereign cloud firm ASC Group signed an MoU to expand secure sovereign AI and cloud infrastructure, with early focus on Eastern/Central Europe and East/Southern Africa. Travel Rules for Andorra-linked Passengers: The EU Entry/Exit System (EES) is causing delays, but Andorra (along with Monaco and San Marino) is listed among travellers exempt from using it, potentially helping reduce queue risk. Business & Trade Events: THAIFEX–ANUGA ASIA 2026 in Bangkok reported record turnout—158,243 visitors and THB 136.54bn in trade value—highlighting continued momentum in global food trade. International Policy Watch: Interpol member nations are deciding on a new privileges and immunities agreement that would grant near-complete immunity for its data-processing role, raising concerns about misuse of Red Notices.

Cybersecurity: Andorra’s National Cybersecurity Agency (ANC-AD) warned of “FortiBleed”, a cyberespionage campaign that has reportedly compromised 73,900+ Fortinet firewalls worldwide, including systems in Andorra, urging firms to reset credentials, update Fortinet VPN/admin passwords and enable multi-factor authentication. Tax Cooperation: Bulgaria and Andorra signed their first double-taxation avoidance agreement, covering taxes on income and capital, aiming to reduce disputes and support cross-border activity for individuals and companies. Sovereign Tech Partnership: AMEC (Swiss multilateral platform) and Andorran AI/sovereign cloud firm ASC Group signed an MOU to expand secure sovereign AI, cloud and data-centre solutions, with an initial focus on Eastern/Central Europe and East/Southern Africa. Travel Rules & Business Impact: EU Entry/Exit System (EES) rollout is causing delays across Europe, but Andorra is listed among travellers exempt from the system—important for Andorra-linked mobility and tourism planning. Travel Safety Perception: A solo-travel risk index report places Europe as the safest region overall, with nearly 90% of residents in top-ranked San Marino saying they feel safe walking alone at night.

Cybersecurity Alert: Andorra’s National Cybersecurity Agency warns of the “FortiBleed” campaign, saying more than 73,900 Fortinet firewalls worldwide (including in Andorra) may be compromised, with attackers running massive login attempts; businesses are urged to reset credentials, change VPN/admin passwords, and enable multi-factor authentication. EU Border Rules: The new Entry/Exit System (EES) is rolling out across Europe and is already causing queues and missed flights, but EU guidance lists 13 categories exempt from using it—explicitly including Andorra—so travellers may be able to avoid delays. Tax Cooperation: Bulgaria and Andorra signed their first double taxation avoidance agreement, covering taxes on income and capital, aiming to reduce disputes and prevent double taxation for individuals and companies. Sovereign Tech Partnership: AMEC (Swiss multilateral platform) and Andorran AI/sovereign cloud firm ASC Group signed an MOU to expand secure sovereign AI and cloud/data-centre solutions, with an initial focus on Eastern/Central Europe and East/Southern Africa. Travel Demand Watch: A new Long-Haul Travel Barometer says long-haul interest is down as travellers get more cautious and price-sensitive, but Europe remains the top destination for perceived safety.

Cybersecurity Alert: Andorra’s National Cybersecurity Agency (ANC-AD) warns of a large “FortiBleed” cyberespionage campaign that has reportedly compromised tens of thousands of Fortinet firewalls worldwide, including systems in Andorra, urging firms to check exposure and reset credentials and VPN/admin passwords. Cross-Border Travel Rules: The EU Entry/Exit System (EES) is causing queues and missed flights, but some travellers are exempt; the list includes Andorra among other categories, which could help reduce airport delays for eligible passengers. Tax Cooperation: Bulgaria and Andorra signed their first avoidance of double taxation agreement, covering taxes on income and capital, aiming to cut disputes and support cross-border activity for individuals and companies. Sovereign Tech Partnership: AMEC (Swiss) and Andorran AI/sovereign cloud firm ASC Group signed an MoU to develop secure sovereign AI and cloud capabilities, with an initial focus on Eastern/Central Europe and parts of Africa. Business & Trade (Global): Thailand’s THAIFEX–ANUGA ASIA 2026 reported record attendance and trade value, highlighting continued momentum in food and beverage trade networks.

Cybersecurity Alert: Andorra’s National Cybersecurity Agency (ANC-AD) warns of the “FortiBleed” campaign, saying it has compromised tens of thousands of Fortinet firewalls worldwide, including systems in Andorra, after massive login attempts tied to stolen credentials; businesses are urged to reset credentials, check Fortinet VPN/admin access, and tighten multi-factor authentication. EU Travel Rules & Border Tech: The EU’s Entry/Exit System (EES) is causing delays at European airports, but some travellers can be exempt—explicitly including Andorra—meaning eligible passengers may avoid queues if they meet the criteria. Tax Cooperation: Bulgaria and Andorra signed an agreement to avoid double taxation, covering taxes on income and capital, aiming to reduce disputes and support cross-border activity for both individuals and companies. Sovereign AI Partnership: AMEC and Andorran firm ASC Group signed an MOU to advance secure sovereign AI and cloud/data-centre capabilities, with an initial focus on Eastern/Central Europe and parts of Africa. Business & Trade Event: THAIFEX–ANUGA ASIA 2026 in Bangkok reported record scale—over 158,000 visitors and THB 136.54bn in trade value—highlighting continued momentum in global food and beverage commerce.

Cybersecurity: Andorra’s National Cybersecurity Agency (ANC-AD) warns of the “FortiBleed” cyberespionage campaign, saying it has compromised tens of thousands of Fortinet firewalls worldwide, including systems in Andorra, after massive credential-based login attempts against FortiGate and SSL VPN gateways. Travel & Border Rules: The EU’s Entry/Exit System (EES) is causing queues and delays, but EU guidance lists 13 categories exempt from EES, including Andorra residents/passport holders, potentially helping travellers avoid airport bottlenecks. Tax & Trade: Bulgaria and Andorra signed an agreement to avoid double taxation, covering taxes on income and capital, aiming to reduce disputes and support business activity. Digital Sovereignty: AMEC and Andorran AI/sovereign cloud firm ASC Group signed an MoU to advance secure sovereign AI, cloud infrastructure, data centres and public-sector digital transformation. Business Events: THAIFEX–ANUGA ASIA 2026 in Bangkok reported record scale, with 158,243 visitors and THB 136.54bn in trade value, reinforcing its role as a global food trade platform.

EU Border Rules & Travel: Heathrow warns travellers heading to Schengen countries (Spain, France, Greece and more) about added queues from the Entry/Exit System (EES), which replaces manual passport stamping for non-EU visitors using biometric checks like fingerprints; the process is free, but passengers may need extra buffer time to avoid missing flights, while Exemptions for Andorra: the EU lists 13 categories who don’t need to use EES, including Andorra (alongside Cyprus, Ireland, Monaco, San Marino and others), plus certain residence-permit and family situations. Tax & Cross-Border Business: Bulgaria and Andorra signed their first double-taxation avoidance agreement, covering taxes on income and capital, aiming to reduce disputes and prevent double taxation for individuals and companies. Sovereign Tech Partnership: AMEC (Swiss multilateral platform) and Andorran AI/sovereign cloud firm ASC Group signed an MoU to expand secure sovereign AI, cloud, data-centre and public-sector digital transformation projects. Trade & Food Industry: THAIFEX–ANUGA ASIA 2026 in Bangkok reported record scale—158,243 visitors from 148 countries and THB 136.54bn in trade value—reinforcing its role as a global food and beverage business hub.

Tax Treaty: Bulgaria and Andorra signed an Agreement on the Avoidance of Double Taxation, covering taxes on income and capital, aiming to reduce disputes and boost cross-border activity for individuals and companies. Sovereign Tech: AMEC and Andorran AI/sovereign cloud firm ASC Group agreed a memorandum to expand secure sovereign AI, cloud infrastructure, data centres and public-sector digital transformation, with an initial focus on Eastern/Central Europe and East/Southern Africa. Travel & Compliance: Heathrow warned summer Schengen travellers about extra queues tied to the Entry/Exit System (EES), which uses biometric checks and can add delays at passport control. Business Trade Event: THAIFEX–ANUGA ASIA 2026 in Bangkok reported record scale—3,590 exhibitors, 158,243 visitors and THB 136.54bn in trade value—reinforcing its role as a global food and beverage marketplace. Travel Cost Shock: Multiple reports highlight UK travellers being turned away or forced to pay extra after passport validity rules (e.g., issue date) caused check-in failures.

Tax & Trade: Bulgaria and Andorra signed their first Avoidance of Double Taxation agreement, covering taxes on income and capital, aiming to cut double taxation for people and firms and improve how tax disputes are handled. Sovereign Tech & AI: AMEC (Swiss multilateral platform) and Andorra’s ASC Group agreed a memorandum to expand “sovereign AI” and sovereign cloud/data-centre capabilities, with an initial focus on Eastern/Central Europe and East/Southern Africa. EU Relations: The EU Council approved conclusions to deepen ties with non-EU Western European partners, explicitly including Andorra among the countries covered in the framework. Business & Markets: Thailand’s THAIFEX–ANUGA ASIA 2026 reported record momentum, drawing 158,243 visitors and THB 136.54bn in trade value across 3,590 exhibitors.

Sovereign Tech Deal: AMEC and Andorra’s ASC Group signed an MoU to expand “sovereign AI” and sovereign cloud/data-centre solutions, with early focus on Eastern/Central Europe and East/Southern Africa, aiming at public-sector digital transformation. EU External Relations: The EU Council approved conclusions to deepen ties with non-EU Western European partners, explicitly covering Andorra among other neighbours, setting a political framework for a stronger single-market relationship. World Cup Watch Parties: A Canberra fan is pushing the ACT Government to show Socceroos matches at Civic Square, with a watch party promised if Australia advances beyond the group stage. USMNT Coaching Buzz: Mauricio Pochettino’s appointment is framed as a key shift for the USMNT ahead of World Cup 2026, after a strong group opener. Travel Rules Hit Wallets: Multiple UK travellers were turned away at airports over passport issue-date rules post-Brexit, facing emergency passport costs of nearly £1,000. Energy Costs Snapshot: A new ranking highlights how residential electricity prices vary wildly, with Europe and fuel-importing islands among the highest-cost markets.

Sovereign AI push: AMEC (Swiss multilateral platform) and Andorra’s ASC Group SL signed an MoU to develop secure sovereign AI, sovereign cloud infrastructure and data-centre capacity, with an initial focus on Eastern/Central Europe and East/Southern Africa. EU external ties: The EU Council approved conclusions to deepen relations with non-EU Western European partners, explicitly including Andorra, aiming to strengthen a “homogeneous extended” single market framework for businesses and stability. Andorra data-centre financing: OCTOPiAN and ASC Group/AiTEK FACTORY agreed project support and investment for an Andorra sovereign data centre (25–50 MW) plus a pre-agreed credit line of up to €750m, with coordination underway with Andorran authorities. Retail expansion into Andorra: Spain’s low-price supermarket chain Family Cash expanded beyond 50 stores and now operates in Andorra, scaling via large-format hypermarkets and logistics investment. GDPR update: A business-focused roundup marks eight years since GDPR took effect, noting ongoing rule changes and intensifying enforcement.

Sovereign AI push: AMEC (Swiss multilateral platform) and Andorra’s ASC Group SL signed an MoU to expand sovereign AI, sovereign cloud, data-centre and public-sector digital transformation, with an initial focus on Eastern/Central Europe and East/Southern Africa. Data infrastructure financing: In parallel, OCTOPiAN and ASC Group/AiTEK FACTORY agreed project support and investment for a planned 25–50 MW sovereign data centre in Andorra, including a pre-agreed credit line of up to €750m, with work now coordinated with Andorran authorities. EU market ties: The EU Council approved conclusions to strengthen relations with non-EU Western European partners, explicitly including Andorra, aiming for a more homogeneous extended internal market and shared stability. Cross-border relocation costs: A new book, Quiet Capitals, compares the practical 10-year cost of property, residency and tax for ultra-high-net-worth families relocating to Spain, Andorra and Monaco, highlighting tight Spanish filing deadlines. Travel compliance hits consumers: Multiple UK travellers were turned away at airports after passport “issue date” rules (post-Brexit) left them unable to board and facing near-£1k extra costs.

AI & Infrastructure in Andorra: OCTOPiAN and Andorra’s ASC Group/AiTEK FACTORY signed a Protocol of Agreement to back AI technology development and finance a sovereign data centre in Andorra with planned 25–50 MW capacity, alongside a pre-agreed credit line of up to €750m, with work now moving in coordination with local authorities. EU External Relations: The EU Council approved conclusions to deepen ties with non-EU Western European partners, explicitly covering relations with Andorra (alongside Iceland, Liechtenstein, Norway, Switzerland, San Marino and Monaco), aiming to strengthen a “special relationship” that benefits both people and businesses. Cross-border Mobility Costs: Multiple UK travellers report being turned away at airports and forced to pay nearly £1,000 (and one case £700) after passport “issue date” rules—post-Brexit—were flagged at check-in, underlining how compliance gaps can quickly become direct financial losses. GDPR Compliance Watch: A GDPR anniversary explainer flags ongoing regulatory change (including the Digital Omnibus) and intensifying enforcement, with 2025 described as a record year for fines. Retail & Local Economy: Spain’s low-price supermarket chain Family Cash, now over 50 stores and operating in Andorra, expands via large-format hypermarkets supported by logistics and distribution investment. Business Tech for Mobile Ops: iRemotech and bare.link partnered to give iRemotech customers free link shortening and link management tools for mobile-first workflows and distributed online operations.

Sovereign AI & data infrastructure: OCTOPiAN and Andorra’s ASC Group/AiTEK FACTORY signed a Protocol of Agreement to back AI technology and finance a sovereign data centre in Andorra with planned 25–50 MW capacity, plus a pre-agreed credit line of up to €750m, with work now coordinated with Andorran authorities. EU external market ties: The EU Council approved conclusions to strengthen a “homogeneous extended internal market” and deepen EU relations with non-EU western European partners, explicitly covering Andorra among other countries. Cross-border tax & relocation costs: A new book, Quiet Capitals, compares the ten-year cost of property, residency and tax for ultra-high-net-worth families relocating to Spain, Andorra and Monaco, highlighting how deadlines in Spain’s inbound regime can close off options. Digital workflow tools for Andorra firms: iRemotech partnered with bare.link to provide iRemotech customers free link shortening and link management tools, aimed at simplifying mobile-first and social-media-driven operations. Travel compliance hits consumers: Two separate reports describe UK travellers being turned away on easyJet flights due to passport issue-date rules (passports issued over 10 years earlier), leading to major out-of-pocket losses. Energy prices spotlight: A data roundup ranks residential electricity costs globally, showing Europe and fuel-importing islands at the top of the most expensive list, relevant for cost-of-living planning.

EU External Relations: The EU Council approved conclusions on a “homogeneous extended internal market” and a stronger EU relationship with non-EU western European partners, including a dedicated chapter for Andorra (alongside Iceland, Liechtenstein, Norway, Switzerland, San Marino and Monaco). AI & Infrastructure in Andorra: OCTOPiAN and Andorran firm ASC Group/AiTEK FACTORY signed a protocol to back AI technology and a planned sovereign data centre in Andorra with 25–50 MW capacity, plus a pre-agreed financing line of up to €750m. Digital Business Tools: iRemotech and bare.link partnered to give iRemotech customers free link shortening and link management for mobile-first workflows and remote device operations. Cross-border Wealth Planning: A new book, Quiet Capitals, compares the practical 10-year costs of property, residency and tax for relocating ultra-high-net-worth families across Spain, Andorra and Monaco, highlighting deadline-driven tax mechanics. Energy Costs Watch: A data roundup ranks where residential electricity is most and least expensive, with Europe featuring heavily among the highest-cost markets (including Liechtenstein).

AI Data Infrastructure in Andorra: OCTOPiAN says it has signed a Protocol of Agreement with ASC Group/AiTEK FACTORY to back AI technology and finance a sovereign data centre in Andorra, targeting 25–50 MW capacity, with a pre-agreed credit line of up to €750m. Cross-Border Relocation Costs: A new book, Quiet Capitals, compares the real 10-year costs of property, residency and tax for ultra-high-net-worth families moving to Spain, Andorra or Monaco, highlighting tight deadlines in Spain’s inbound regime. Privacy Rules for Business: A GDPR anniversary explainer flags what’s changed since 2018, pointing to the EU’s “Digital Omnibus” push and rising enforcement pressure after a record 2025 in fines. Mobile Workflows Partnership: iRemotech and bare.link team up to offer iRemotech customers free link shortening and link management tools for mobile-first operations. World Cup Finance & Exposure: FIFA’s 2026 tournament is projected to generate $13bn in revenue, with major earnings on and off the pitch—useful context for sponsors and brand budgets. Electricity Prices Watch: A global ranking shows Europe and fuel-importing islands dominate high residential power costs, with policy and infrastructure driving big differences.