German chancellor Angela Merkel four-day trip to India

by Nksagar | October 28, 2007 at 04:10 am
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Sunday, October 28, 2007
German chancellor Angela Merkel four-day trip to India

Angela Merkel will be on a four-day trip to India her first trip as Chancellor along with a trade delegates.

Angela Merkel to boost business ties and trade with India on her visit to the world's biggest democracy.

She will meet Indian Prime Minister Manmohan Singh,on round of global
issues including UN reforms, climate change, energy security,
cooperation in the Doha round of multilateral trade negotiations and
promoting security in Afghanistan. Federal ministers and delegates of
Indian businessmen in Delhi and Mumbai to sign series of agreements
from trade,technology and energy or defense.A government official said
German firms wanted to boost ties in newer areas such as environmental
technology and software as well as machinery, electrical engineering
and chemicals.

"As Europeans, we have every opportunity, including in a country
like India," Merkel said at an Asia conference in Berlin. "We just have
to get involved." Germany has been very focused on China,she said,but
India also"is dramatically growing country" with great economic
perspectives.

German-Indian trade reached about 10.5 billon euros ($15.1 billion)
last year.India is Asia's third-biggest economy it has grown at an
average of 8.6 percent in the last four years.

Siemens AG and chemical company BASF as well as the Deutsche Bahn
railroad firm,Lufthansa well known global brands manager and
prestigious names in science and technology to accompany her .

She has already visited another Asian economic power, China, twice during her chancellorship.
German
NSG as chairman is an important members unlikely to hold any talks as
the Indian steps of IAEA negotiation is still awaited.Berlin has
indicated that it supports India’s quest for global civil nuclear
integration.Australia and Canada has shown interest as civil nuclear
suppliers for her needs.

Addressing the premier organization of industries,CII Round table ,
Ambassador Mutzelburg said India’s strong and consistent economic
growth means more business opportunities for German investors in
sectors like infrastructure, science & technology, energy, R&D
and InfoTech. He added, Germany could provide a platform to further
improve trade with the EU members, especially the central and east
European member nations.Further to pt all in frame, an Indo-German
vision statement would be worked out during the visit of Chancellor
Angela Merkel to India next week.

Mr. Rajgopal Sharma, Director, Department of Commerce, Ministry of
Commerce and Industry, called for issues such as trade and technical
barriers among other non-tariff barriers and, easier cross border
movement of people to facilitate higher trade. India should tap German
expertise in advanced technology, energy, infrastructure development
and vocational training. He also stated that there would be more
outsourcing of manufacturing and design process from Germany to India.

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Yommie
Yommie
flagged this story as Good Stuff

at 05:26 on October 28th, 2007

I've never remembered when Germany had any dealins with India. Good find.

0
Nksagar

Half of the world does not know how the other half lives.German's heavy machinery technology is has global respect.

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