India and Spain signed seven agreements | Fusion - WeRIndia

India and Spain signed seven agreements

India and Spain signed seven agreements

In order to strengthen foreign relations and to invite foreign investments, Prime Minister Narendra Modi has been in foreign tour for six days.

In his foreign tour, he will visit four European nations Germany, Spain, Russia and France.

PM at first visited Germany as per the plan. After finishing his visit in Germany, now PM is in Spain.

Yesterday both India and Spain signed seven agreements. These agreements also include and technical cooperation in civil aviation and cyber security.

Before signing the agreements an extensive discussion has taken place between Indian Prime Minister Narendra Modi and Spanish President Mariano Rajoy in Spain’s capital Madrid.

They also have signed agreements on handover of sentenced persons and visa waiver for those who hold diplomatic passports.

Furthermore, five MoUs were signed by both of them on the following issues: renewable energy, cooperation in organ transplantation, cyber security and civil aviation.

And the last one was signed between Foreign Service Institute of India and Diplomatic Academy of Spain.

Spain is India’s one of the major trading partners in the European Union. It stands in the seventh place. In 2016, the amount of trade summed USD 5.27 billion.

Ever since, no Indian Prime Minister has visited Spain. And PM Modi is the first Indian prime minister to visit the place from then.

He applauded the administration of President Rajoy who led the country to undergo economic reforms.

He added that even his government has also consider economic reforms as the biggest priority.

PM Modi also invited Spanish companies to invest in India’s priority sectors.

He said that India has strong economic growth and can provide many opportunities for Spanish companies.

Hence, companies from energy, defense, infrastructure and tourism can invest in India for the betterment of both countries. PM also called for the support of Spain to fight against terrorism jointly.

Image credit: Narendra Modi image by Jhon Don is licensed under CC BY 2.0

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