India sign 11 pacts with Portugal to boost bilateral ties
PM Narendra Modi on Saturday arrived in Portugal’s capital Lisbon on the first leg of his three-nation visit. During his one day visit to the nation, PM Modi met his Portugese Counterpart Antonio Costa and discussed ways to further intensify bilateral relations.
Prime Minister Narendra Modi held in-depth talks with his Portuguese counterpart on cooperation in areas like counter-terrorism, space and climate studies. 11 important agreements were made between 2 Nations .
This is the first-ever bilateral visit by an Indian Prime Minister to Portugal.
India and Portugal on Saturday announced a four million euros joint fund to bolster research in science and technology
The agreements signed
The other agreements cover cooperation in outer space, double taxation avoidance, nano technology, improving cultural ties, youth and sports, higher education and scientific research, and Portugal-India business hub and Indian Chamber of Commerce. They are:
- Protocol amending the Double Taxation Aviodance Agreement.
- MoU on Nano Technology.
- MoU on Public Administration & Governance Reforms.
- MoU on Cultural Cooperation.
- MoU on Youth & Sports.
- MoU between Portugal India Business Hub & Indian Chamber of Commerce.
- MoU on Cooperation in the fields of Higher Education and Scientific Research.
- MoU on Biotechnology.
- MoU on Collaborative Research.
- MoU between Portugal India Business Hub & AICEP.
PM Modi also visited a temple in Lisbon and offered prayers. Interacting with people of the Indian community, the Prime Minister hailed the contribution of Indian diaspora in maintaining diversity of culture across the world.
- Relations between India and Portugal began amicably in 1947 when the former achieved independence. Relations went into decline after 1950 over Portugal’s refusal to surrender its exclaves of Goa, Daman and Diu on India’s west coast. By 1955, the two nations had cut off diplomatic relations.
- The two countries signed a treaty in New Delhi on 31 December 1974, re-establishing diplomatic relations.