Indian Prime Minister Narendra Modi on Tuesday held talks with Prince Albert II, with the two exchanging views on enhancing cooperation, especially in environment and climate change and renewable energy.

Prince Albert, who is on his first official visit to India, met the Prime Minister at Hyderabad House.

They agreed that India’s rapid economic growth offers an enhanced investment opportunity for companies from Monaco in various sectors and there is also scope for business cooperation.

It was also announced that a visa waiver will be granted to Monaco diplomat passport holders for visiting India and the officials from both sides will be working to finalise this agreement.

External Affairs Ministry spokesperson Raveesh Kumar said that there was “a good exchange of views on enhancing cooperation, especially in environment and climate change and renewable energy through sharing best practices”.