India and Portugal on Saturday signed new agreements in the field of taxation, science, space, youth affairs and sports to further expand their bilateral relations.
Speaking at a joint conference after holding a bilateral discussion with Portuguese Prime Minister Antonio Costa, Indian Prime Minister Narendra Modi said the two sides have also agreed to set up a joint science and technology fund of €4 million (Rs 28 crore).
He also announced setting up of a Chair for Indian Studies in University of Lisbon and developing a Hindi-Portuguese dictionary for mutual benefit.
“We are determined to deepen our cooperation against terrorism and violent extremism,” he added.
“Start-up sphere is an interesting space for cooperation. It is a great means to generate value and wealth for society,” Modi said.
The India-Portugal International StartUp Hub is a platform for all stakeholders of the start-up ecosystem in India, including start-ups, investors, mentors, incubators, accelerators, aspiring entrepreneurs, service providers and government bodies, the hub’s official website said.
He also expressed condolences for the families and victims of forest fire, in Portugal’s Pedrogao Grande that claimed at least 60 lives.
On his part, the Portuguese Prime Minister welcomed his Indian counterpart in Gujarati.
He said that 17 cooperation projects have been identified to work on and that the bilateral talks.
He stressed that science is going to be one of the most important areas for cooperation between the two nations in the future.
“While in past it was the maritime link that connected our two countries, today it’s the digital link that’ll join us in future,” Costa added.
Prime Minister Modi, who reached Lisbon Portugal on the first leg of his three-nation tour earlier on Saturday, will also visit the Champalimaud Foundation in Lisbon known for its advanced biomedical research and clinical care.
Earlier in the day, departing from protocol, Portuguese Foreign Minister Augusto Santos Silva received Prime Minister Modi at the airport earlier in the day.
Prime Minister Modi in the second-leg of his visit will later depart for The United States of America.
-- With inputs from PTI