Spain eyes on green energy to deepen ties with India

Bengaluru, Feb 24 (KNN) There is a potential for India and Spain to deepen their cooperation in areas such as green energy and digital transformation, Spain’s Vice President Nadia Calviño told The Indian Express.

She reflected on how bilateral trade and investments between India and Spain have been growing at a significant pace.

According to the latest data Spanish exports to were €1.7 billion in 2022 and Indian exports to Spain touched €5.4 billion.

In terms of exports, India is the fourth largest destination country in Asia for Spain.

“The trade (between India and Spain) has increased very significantly and investments have also been growing,” Calviño, who is also Spain’s minister of Economy and Digitisation, told The Indian Express. 

She is visiting India to participate in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting held in Bengaluru during February 24-25. Spain is a permanent invited member to the G20.  (KNN Bureau)