New Delhi:
India and Spain today signed anaudio visual co-production agreement in the area of featurefilms, documentaries and animation films.
"The agreement provides opportunities for both thecountries to pool their creative, artistic, technical,financial and marketing resources to co-produce films," astatement issued by the Information and Broadcasting Ministryhere said.
It was signed by Information and Broadcasting ministerAmbika Soni and Spanish Minister for Foreign Affairs andCooperation Jose Garcia Margallo Y Marfil.
The co-production agreement would provide an opportunityto create and showcase 'soft power' of the two country and itwould also lead to generation of employment among artistic,technical as well as non-technical personnel engaged in thearena of film production including post-production and itsmarketing, adding to the country's GDP, the statement said.
The Ministry also said that the utilisation of Indianlocales for shooting raises the visibility and prospects ofIndia as a preferred film shooting destination across theglobe.
It will also lead to inflow of foreign exchange into thecountry and transparent funding of film production, theMinistry said.
India already has co-production agreements with Italy,the UK, Germany, Brazil, France, New Zealand and Poland.
"The agreement provides opportunities for both thecountries to pool their creative, artistic, technical,financial and marketing resources to co-produce films," astatement issued by the Information and Broadcasting Ministryhere said.
It was signed by Information and Broadcasting ministerAmbika Soni and Spanish Minister for Foreign Affairs andCooperation Jose Garcia Margallo Y Marfil.
The co-production agreement would provide an opportunityto create and showcase 'soft power' of the two country and itwould also lead to generation of employment among artistic,technical as well as non-technical personnel engaged in thearena of film production including post-production and itsmarketing, adding to the country's GDP, the statement said.
The Ministry also said that the utilisation of Indianlocales for shooting raises the visibility and prospects ofIndia as a preferred film shooting destination across theglobe.
It will also lead to inflow of foreign exchange into thecountry and transparent funding of film production, theMinistry said.
India already has co-production agreements with Italy,the UK, Germany, Brazil, France, New Zealand and Poland.
