Iberian Union
 TAG = IBR | |
| Capital | Madrid |
| Ruling Party |  National Union - Traditionalist Spanish Phalanx and of the Councils of the National Syndicalist Offensive
o |
| Head of State | Francisco Franco and António de Oliveira Salazar |
| Sphere |  Iberian Sphere |
| Foreign Alignment |  Triumvirate Founder |
| GDP | $24.17B |
| Credit Rating |  Mediocre |
| Market Type |  Dirigisme |
The Iberian Union is a federation formed between the nations of Spain and Portugal to protect each other from potential German aggression. Due to the country's origin in a defensive pact, the Iberian Union stands out with technically two heads of state. This country's unique nature also appears in that both nations have equal political representation, and each nation have the right to veto any legislation that the other one attempts to pass. This aspect of the Iberian Union has at the moment crippled the Iberian Union as the Spanish and Portuguese governments have not often got along.