India, Germany to ‘shape the future’ with trade, technology
13 April 2013 7:42 AM IST
‘Both governments will strongly back a further intensification of Indo-German business cooperation. Both sides would encourage cooperation in the field of rare earths on mutually beneficial terms,’ said a joint statement released at the end of the inter-governmental consultations co-chaired by Prime Minister Manmohan Singh and Chancellor Angela Merkel in Berlin.
The statement stressed that close trade and investment relations were a core dimension of bilateral partnership and held great importance for the development of the Indian and German economy.
The two countries agreed to facilitate the freedom of movement for business visitors and professionals.
The statement said that new initiatives in the area of energy, environment, culture, education and defence could ‘catalyse and activate’ the great potential of bilateral relations.
Both nations recognised that expanding high technology trade and cooperation was key to deepening the strategic content of their relations.
‘Both sides agree to consult regularly on advancing this objective and to this end form a High Technology Partnership Group, including both government and business,’ the statement, titled ‘shaping the future together,’ said.
In a separate statement to the media after the talks, the prime minister said, ‘We look forward to expanded defence cooperation anchored in technology transfer, co-development and co-production in India. High technology commerce would benefit from further easing of German export controls for India. The agreement today on scientific collaboration on technologies for civilian security adds a new dimension to our growing security cooperation. I am very happy that, following our discussion, we have agreed to set up a High Technology Partnership Group.’
He said economic ties had been a defining feature of the India-German relationship and sought increased German participation.
The statement stressed that close trade and investment relations were a core dimension of bilateral partnership and held great importance for the development of the Indian and German economy.
The two countries agreed to facilitate the freedom of movement for business visitors and professionals.
The statement said that new initiatives in the area of energy, environment, culture, education and defence could ‘catalyse and activate’ the great potential of bilateral relations.
Both nations recognised that expanding high technology trade and cooperation was key to deepening the strategic content of their relations.
‘Both sides agree to consult regularly on advancing this objective and to this end form a High Technology Partnership Group, including both government and business,’ the statement, titled ‘shaping the future together,’ said.
In a separate statement to the media after the talks, the prime minister said, ‘We look forward to expanded defence cooperation anchored in technology transfer, co-development and co-production in India. High technology commerce would benefit from further easing of German export controls for India. The agreement today on scientific collaboration on technologies for civilian security adds a new dimension to our growing security cooperation. I am very happy that, following our discussion, we have agreed to set up a High Technology Partnership Group.’
He said economic ties had been a defining feature of the India-German relationship and sought increased German participation.
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