Vice President Venkaiah Naidu Emphasized on Startups for India-Portugal Collaboration

Presently on an official trip to Brussels, Vice President M. Venkaiah Naidu emphasized that India and Portugal should look for collaboration in various areas including startups.

In a bilateral meeting with the Prime Minister of Portugal, Mr. Antonio Costa, at the EU headquarters building, Naidu said that India and Portugal should collaborate in new areas of cutting-edge technology.

He said that defence, space, infrastructure and startups are areas that offer potential business opportunities.

He also thanked Portugal for reiterating its support for India’s permanent membership of the UN Security Council.

He mentioned that India’s inclusion in the UNSC will bolster the credibility and effectiveness of the United Nations.

Prime Minister Costa said that he was happy with the ongoing positive momentum in the bilateral relations. He said that India-Portugal bilateral trade was on the rise and that Portuguese companies were encouraged by the potential of the Indian market.

He mentioned that Vision-Box, a Portuguese technology company had recently secured a contract from Bengaluru International Airport to facilitate seamless and paperless air travel using facial recognition biometric technologies.

He also mentioned that Portugal had recently signed a MoU with Goa for a pilot project for water supply and waste water management as part of the Panaji Smart City initiative.