The City of Miami and Agencia EFE on Wednesday signed a collaboration agreement aimed at promoting investment and entrepreneurial initiative in the South Florida metropolis.

Mayor Tomas Regalado and EFE President Jose Antonio Vera inked the accord in a ceremony at city hall, where they were joined by the mayor's international affairs adviser, Julian Linares; and Laureano Garcia, vice president of EFE News in the United States.

The agreement envisions the publication of a book, "Miami, Gateway to America," that will bring together in-depth interviews with the leading lights of social, cultural and business life in the Magic City.

The pact with EFE represents "tremendous prestige" for the city, Regalado said. "This is one of the most important steps that Miami has taken in recent years."

"We are very happy. The project to spread awareness about people who are winners in Miami, for us it is a double honor," the mayor said. "Because they are people who, many of them, were not born in the United States and they are protagonists of the American Dream, and that will be an example for many people in many countries."

For EFE, the agreement with Miami is a "very important accord," Vera said.

Spain's international news agency has spent many years "linked to journalism in the United States and, in particular, to journalism in the Spanish language, as well as to the city of Miami, where we have a bureau and the base of our English service," the EFE president said.

With the fastest-growing market for news in Spanish, the United States "is fundamental" for EFE, Vera said.

Besides interviews with distinguished Miamians, the book, to be published by Agencia EFE in both English and Spanish, will feature biographical sketches and features that reflect the realization of the American Dream in Miami.

The book will also highlight Miami's strategic importance as a business gateway to the United States and markets in Latin America and the Caribbean.

Miami, dubbed by Regalado the "Wall Street of Latin America," has the world's largest cruise-ship terminal and the city's international airport handled a record 40 million passengers in 2013.

Spain is a major investor in the United States and more than 400 Spanish companies are established in Florida, most of them in greater Miami.

Operating in more than 120 countries, EFE is the world's largest Spanish-language news agency and No. 4 overall, publishing thousands of stories daily in Spanish, English, Portuguese and Arabic.

The agency is marking its 75th anniversary this year. EFE