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First European summit on shopping tourism kicks off in Spain

  • The Shopping Tourism and Economy Summit, the first European summit dedicated to the shopping tourism phenomenon, kicked off. The Summit aims at analyzing the economic impact and the possibilities of the shopping tourism in urban development and Madrid, the capital of Spain, is one of the main cities where this phenomenon takes place. The Spanish capital is the fifth European city where non-European tourists spent the most after London, Paris, Barcelona and Istanbul, Xinhua news agency reported. Source: IANS