Madrid, July 13 -- Union Commerce and Industry Minister Piyush Goyal on Monday said the India-European Union Free Trade Agreement (FTA), expected to become operational within months, will usher in a new era of economic cooperation between India and Spain, describing the bilateral partnership as "a success story waiting to be written."

Addressing the India-Spain Business Forum in Madrid, Goyal said the India-EU FTA, whose legal scrubbing is in its final stages, is expected to come into force a few months after the India-UK FTA becomes operational.

"As the Prime Minister of India, Narendra Modi, said, the partnership between Bharat and Spain is like a prism, which is multi-dimensional, vibrant and ever-evolving. We are at the cusp of brin...