India, Spain commit cooperation in fight against terrorism
- Author: Zachary Reyes Jun 01, 2017,
Jun 01, 2017, 8:32
Prime Minister Modi, as well as thanking Mariano Rajoy for his "warm welcome", expressed his interest in tackling issues with the Prime Minister Spain relating to the global and European situations and worldwide terrorism.
The Minister of External Affairs Gopal Bagley averred that Prime Minister Narendra Modi's second leg of the four-nation tour at Spain was a successful affair as the two nations agreed to strengthen ties on various issues.
The Indian prime minister is also reported to have told the German Chancellor during in talks in Berlin on Tuesday that India would stay in the Paris climate accord even if the United States pulled out. "Our economic partnership is still below its full potential", said the prime minister.
Earlier, Modi was received by German Chanceller Angela Merkel at the Chancellery for the Fourth Inter-Governmental Consultations (IGC) during which the two leaders reviewed the entire gamut of bilateral issues and clinched 12 agreements.
He said there is vast scope for cooperation in infrastructure, railways and smart cities.
India's bilateral trade with Germany is at ¤17.4 billion ($19.74 billion) in 2016, a fraction of the value of Germany's trade with its No. 1trade partner, China. The Prime Minister said, New Delhi and Madrid must have closer economic ties.
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As the Modi government gears up for the July 1 roll out of the new national sales tax, this will dent policymakers hopes that India will retain its spot as one of the world's fastest-growing economies.
The prime minister said a global order based on democracy is the need of the hour, in an interconnected and interdependent world. Both leaders shared deep concern over the global menace of terrorism, and chose to strengthen mutual counter-terrorism initiatives.
Prime Minister Modi and President Putin will address the St. Petersburg International Economic Forum (SPIEF) where India is a "guest country".
It is not clear what will happen to India's subsidies and grants if the US backs out of the agreement, as much of the financial heft required to keep the deal upright would come from the U.S.
Addressing the media jointly with the President of Government of Spain Mariano Rajoy in Madrid, he said, the two countries can cooperate in several areas including infrastructure.
Despite facing bitter criticism for his fancy overseas tours, Indian Prime Minister Narendra Modi has made a decision to rise above all hostilities.