"The international co-production of feature films, which involves companies from two or more countries that finance and produce films, can be considered a gateway to diversity of cultural expressions as it enables the exchange of human resources –both technical and artistic–across countries and,undoubtedly,facilitates the circulation of films across two or more film markets. In this regard, for instance, the European Convention on Cinematographic Co-production(CE, 1992) considers international co-production as “an instrument of creation and expression of cultural diversity”. It is worth noting that international co-production is a practice that started in the mid-20th century among companies from countries with major historical, cultural and/or linguistic ties. Furthermore, since the late 20thcentury, governments from wide political spectrums have been encouraging co-productions with other countries through international programmes, such as the Ibermedia Programme introduced in 1996 for the Ibero-American area. In a highly competitive and globalised market, international co-production is a way for film production companies to broaden their markets of operation."