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India, Spain Discuss Economic Cooperation

Monday July 3, 12:54 pm ET

India, Spain Officials Discuss Economic Cooperation, Trade

NEW DELHI (AP) -- Economic cooperation and bilateral trade were the focus of talks Monday between India and Spain, an Indian official said.

The two sides identified infrastructure development, energy and food processing as key areas of cooperation during talks between visiting Spanish Prime Minister Jose Luis Rodriguez Zapatero and Anand Sharma, India's junior minister for external affairs.

Zapatero was scheduled to hold a second round of talks with Prime Minister Manmohan Singh later Monday, said Navtej Sarna, the ministry spokesman.

Indian and Spanish officials were also scheduled to sign three agreements later Monday on political dialogue, a mutual legal assistance treaty and high technology exchanges, Sarna said.

"The framework of discussions between the two sides reflected that these are two rapidly growing economies who are keen on doing business together," Sarna said.

This will be interesting to watch. India will need all the energy it can get, so that area will probably help Spain a good amount. I think long-term cooperations with any country is extremely important, because as I said before, you don't want all of your resources or revenue coming from one source. So, the more backing your country can get the better (And people want to somehow get into the growing economies of India and China).


David K
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