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India, Spain Signed Agreement on Defence Cooperation

Discussion in 'The Americas' started by Manmohan Yadav, Oct 29, 2012.

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  1. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    India and Spain on 26 October 2012 signed a memorandum of understanding under which they are going to encourage collaboration between their defence industries and exchange of personnel.

    The MoU was signed by Indian Defence Minister A.K. Antony and his Spanish counterpart Pedro Morenés Eulate in New Delhi.

    [​IMG]

    Both the Countries agreed to exchange defence-related experience and information, and will encourage visits of personnel and collaboration in the defence industry and similar areas of cooperation.

    Also in another gesture of Cooperation Spanish firm Navantia is planning to offer its S-80 diesel electric submarine for the Indian Navy's Project 75-India, under which it plans to procure six large conventional submarines at a cost of more than 50000 crore of Rupees.

    The MoU on defence was among the five pacts signed after comprehensive talks between Prime Minister Manmohan Singh and the visiting King Juan Carlos I on bilateral, regional and international issues.
     
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