Finance
Commerce and Industry Minister Piyush Goyal on Monday met Spanish Economy Minister Carlos Cuerpo in Madrid and explored ways to deepen business ties between the two countries.
Kicking off official engagements in Spain during his three-nation visit, Goyal said: “We had productive discussions on strengthening the India-Spain economic partnership through greater trade, investment and technology collaboration, with a focus on renewable energy, green hydrogen, advanced manufacturing, digital technologies, infrastructure and innovation.”
“We also exchanged views on the India-EU Free Trade Agreement and explored ways to deepen business ties and expand India’s commercial engagement with Spain as a valued partner,” he said in a post on X.
As India and the European Union aim to implement the India-EU Free Trade Agreement as soon as possible, Commerce Minister Goyal embarked on a three-nation visit with a high-level business group on Monday.
According to an official statement, India’s tour to Spain, Belgium, and Finland from July 13-17 demonstrates the country’s commitment to expanding economic partnerships in Europe, with an emphasis on trade, investment, technology, innovation, and sustainability.
In Spain, Goyal was scheduled to meet with Cuerpo, Industry and Tourism Minister Jordi Hereu Boher, and Foreign Affairs, European Union, and Cooperation Minister Jose Manuel Albares Bueno.
Goyal will also host an India-Spain Business Roundtable with top Spanish corporations and industry associations to highlight India’s investment prospects and urge more business-to-business collaboration.
In February of this year, Prime Minister Narendra Modi met with Spanish President Pedro Sanchez in New Delhi to discuss ways to strengthen collaboration in trade, the economy, health, digital technology, innovation, and other vital sectors.
Trade and economy, digital, innovation, health, climate change, and education are some of the key topics highlighted. PM Modi expressed gratitude for Spain’s ongoing support for strong India-EU relations.
Source: IANS
