India - Spain ; Call For Zero Tolerance To Terrorism

India and Spain on Wednesday stressed that there should be "zero tolerance" to terrorism and called on the international community to end "selective or partial" approaches in combating the menace which poses the gravest threat to international peace and stability.

The prime minister held wide-ranging talks with President of the Spanish government Mariano Rajoy at the Moncloa Palace and invited Spanish firms to invest in India which offers "many opportunities" for them in various fields.

After the talks, the two sides signed seven agreements, including pacts on transfer of sentenced persons and visa waiver for holders of diplomatic passports.

Five MoUs were signed between the two countries on cooperation in organ transplantation, cyber security, renewable energy, civil aviation and one between India's Foreign Service Institute and Diplomatic Academy of Spain.

The two sides also issued a joint statement in which the two leaders welcomed the recent positive developments in bilateral trade and investment partnership, buoyed by the positive economic outlook in both countries and called for stronger ties between the businesses of the two countries.Modi said he is confident that his visit to Spain will give a new momentum to bilateral ties.

Later, he paid a courtesy call to Spanish King Felipe VI at Palacio de la Zarzuela palace on the outskirts of Madrid.

Prime Minister Modi also met top CEOs of leading Spanish companies and invited them to participate in initiatives like 'Make in India', saying immense potential awaits them in the fast-growing nation.

In a roundtable interaction with leading Spanish business leaders, he said that there is immense potential for further growth of Spanish investments in India.

He mentioned sectors such as infrastructure, renewable energy, food processing, auto, chemicals and textiles and invited Spanish participation in the Smart Cities initiative.

Modi also gave a broad overview of the economic reforms undertaken in India, including the GST.

He said he was personally committed to helping foreign companies set up operations in India.

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