India-Spain to establish Working Committee.

The Union Cabinet chaired by the Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable energy.

The approved MoU on India-Spain Cooperation in renewable energy was signed on 30th May, 2017 in Madrid.

It will help in strengthening bilateral cooperation between the two countries with the exchange of expertise and networking of information.

Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity.

The MoU envisages to establish a Joint Working Committee to review, monitor and discuss matters relation to areas of cooperation. fii-news.com