Overview On January 21, 2026 , President Droupadi Murmu met with Jose Manuel Albares , the Minister of Foreign Affairs, European Union and Cooperation of Spain, at the Rashtrapati Bhavan in New Delhi. Discussions centered on strengthening bilateral relations, particularly in countering terrorism and enhancing economic ties. The meeting underscored the shared values and goals of India and Spain on multilateral platforms. Key Developments Counter-Terrorism: Both India and Spain share a strong position on countering terrorism, recognizing it as a significant threat to global peace and stability. Economic Ties: Growing economic relations were highlighted, with expanding trade and investment opportunities between the two countries. India-EU FTA: President Murmu expressed confidence that the signing of the India-European Union (EU) free trade agreement would further strengthen trade relations. Republic Day Celebrations: Top European Union leaders Antonio Costa and Ursula von der Leyen will attend India's 77th Republic Day celebrations on January 26 . 70th Anniversary: 2026 marks the 70th anniversary of diplomatic relations between India and Spain, celebrated through the India-Spain Dual Year of Culture, Tourism, and Artificial Intelligence. India-Spain Relations The President noted that relations between India and Spain are deeply rooted, enriched by trade, culture, and shared values of democracy and pluralism. Both countries are strong adherents to multilateralism and collaborate on platforms like the United Nations and G-20 to promote peace, prosperity, and stability worldwide. Economic Cooperation Spain's strengths in sectors such as engineering, railways, renewable energy, urban services, and defence aerospace complement India's development priorities. The EU is India's largest trade partner, with bilateral trade in goods recording $135 billion in the financial year 2023-24 . The anticipated India-EU free trade agreement is expected to boost trade relations further. UPSC Relevance This news is relevant for GS2 (International Relations) and GS3 (Economy and Internal Security) . It highlights India's diplomatic efforts, trade relations, and cooperation on global issues like terrorism. Understanding these aspects is crucial for Mains answers on India's foreign policy and economic partnerships. Important Facts India and Spain share a common stance on countering terrorism. The EU is India's biggest trade partner, with $135 billion in bilateral trade in goods in FY 2023-24 . 2026 marks the 70th anniversary of India-Spain diplomatic relations. Top EU leaders will be Chief Guests for India's 77th Republic Day . The India-Spain Dual Year of Culture, Tourism, and Artificial Intelligence will celebrate 70 years of relations.