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Spain eyes high-level India visit to focus on defence ties, migration deals
Mint Mumbai
|December 25, 2023
Spain is pushing for a high level visit from its Prime Minister to India in 2024 according to people aware of the matter. The focus of both countries will be on deepening defence ties and inking migration and mobility agreements. The move comes after Spain’s Prime Minister Pedro Sanchez missed the G20 Leaders Summit in Delhi in September due to a positive covid diagnosis.
New developments in the bilateral defence relationship have caught much attention in recent years. Spanish government‘s military shipbuilding company Navantia is teaming up with Larsen and Toubro in India to bid for a contract to build six submarines for the Indian Navy under the P-75 (I) programme.
“Expected to be valued at over €4.8 billion, it will be India’s largest defence acquisition project. This will also be followed by a 30-year life-cycle sustenance contract of similar value," Navantia said in a statement, announcing its agreement with L&T earlier this year. Navantia is competing with Germany’s ThyssenKrupp Marine Systems for the contract.
Cette histoire est tirée de l'édition December 25, 2023 de Mint Mumbai.
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