Monday, October 5, 2015

Modi and Merkel promoted an alliance with German engineering and … – Spain Yahoo Finance

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New Delhi, October 5 (EFE) .- The prime minister of India Narendra Modi, and the Chancellor Germany’s Angela Merkel today gave impetus to a bilateral alliance created with the axis position at the junction of two major strengths:. German engineering and Indian software

“The German and Indian engineering capability in information technology can create a new generation industries that will be economically efficient, and environmentally friendly, “said Modi in a sober appearance with Merkel Press in New Delhi.

The two politicians were presented to reporters after a three-hour meeting, highlight of his visit Merkel made from Indian capital yesterday accompanied by an important representation of his Cabinet to participate in the third meeting of the India-German Intergovernmental Consultations.

At the meeting were signed almost a twenty agreements in areas ranging from security cooperation to the training of workers in different areas, through cooperation in improving India’s railway network.

Like Modi, the German Chancellor, which had already interviewed in April with Indian Prime Minister in his country, he stressed that the “experience that India has in software and digitalization” will be a key point in the alliance and “help” German industry “to promote new projects “.

Another highlight was the agreements referred to” the alliance on climate and renewable energy, with a long-term vision and an agenda full cooperation “

Modi highlighted value of German support to green energy corridor in India around one billion euros and a new aid package by a similar amount for solar energy projects in India.

“I thank commitment Merkel in advancing our relations. We see Germany as a natural partner to achieve our vision of transforming the Indian economy, “said Modi.

Merkel also said he was” very happy “with the bilateral signing of the Fast Track to” speed up authorizations operating companies “in India, 1600 today, and showed an interest in having that number of companies in the Asian giant Germanic increase soon with new investments.

” We can confidently expect the increase investment and trade cooperation and technology in manufacturing, infrastructure and capacity building, “Modi said in his appearance.

Both stressed the tune in their” strengths “and” priorities “and Merkel said there will have to wait “two years” to meet again with his Indian counterpart, referring to the two previous meetings of intergovernmental consultations, which began in 2011 and continued in 2013, before Modi came to power.

From time Modi morning accompanied Merkel to the city from Bangalore (south), Indian mecca of computer and technology industry base for the Asian giant, where the presidents will visit a center of innovation and engineering attend a business forum.

Germany is the main economic partner of India in the European Union and the seventh in the world with more investment in the Asian giant, with bilateral trade amounting in 2014 to 15,960 million euros, which 7.030 million were Indian exports

The chancellor arrived in India accompanied by a delegation consisting of the foreign ministers, Frank-Walter Steinmeier.; Agriculture and Food, Christian Schmidt; Education and Research, Johanna Wanka, and Economic and Development Cooperation, Gerd Müller, along with entrepreneurs from leading German companies.

The busy schedule of Merkel today included a visit to Rajghat, where dwells memorial tribute to Mahatma Gandhi, meetings with Indian Foreign Secretary Sushma Swaraj and the Indian President Pranab Mukherjee

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