Modi visit: India, Germany look to step up economic, def

Press Trust of India  |  New Delhi 

and are set to ink a series of agreements to further deepen ties in key areas of trade, investment and energy, besides exploring ways to step up defence cooperation during Prime Minister Modi's two-day visit to beginning Monday.

In their talks, Modi and German Chancellor Angela Merkel are also likely to deliberate on a number of pressing global issues including the situation in South Sea, China's 'Belt and Road' initiative and the growing threat of terrorism, German envoy Martin Ney said today.



He said there will be a series of "substantial" MoUs and joint declarations to ramp up cooperation in a wide-range of ares, adding the fourth Indo-German inter-governmental consultations, to be co-chaired by Modi and Merkel, will be a milestone in bilateral ties.

Identifying as a major challenge, Ney said stands side by side with in fighting the menace and noted that his country has been sharing intelligence with the Indian government.

On defence cooperation, he said is ready to conclude a government-to-government agreement with in defence procurement, adding it will be discussed by the two sides.

"is a strategic partner for Of course, we have our export control regimes and they will continue to govern our dealings in export.

"is a strategic partner and providing stability in Asia and there is no reason why G-to-G approach should not make further progress," he said, while referring to Germany's defence products.

He said the Prime Minister will be in in the afternoon of May 29 and will have a bilateral dinner meeting with Chancellor Merkel in an "extremely light set up". German ministers will also hold separate bilateral meetings with their Indian counterparts.

On May 30, Modi will be officially welcomed with military honours which will be followed by a plenary session where all matters of importance will be deliberated upon. It will be followed by signing of MoUs.

Modi and Merkel will also have a luncheon meeting with business tycoons after which the Prime Minister will inaugurate the Indo-German business forum. Modi will be recieved by the German President before he departs for Spain.

In their talks, the issue of India's NSG bid is also likely to figure, with Ney asserting that supports New Delhi accession to different export control regimes including the NSG, Australia Group and the Wassenaar Arrangement.

Replying to a question on Kashmir, he said it is a domestic issue.

Ney said education, vocational training, renewable energy and railways are the other sectors where both sides are likely to ramp up engagement.

He said is aware of India's efforts to ensure ease of doing business and promotion of trade and investment is a priority area. Ney said German companies have invested a whopping Rs 53,000 crore in since 2010.

The volume last year was Rs 8,121 crore. A total of 1,800 German companies are operating in

Referring to South Sea dispute, he said both and are striving for rules based international order and that both countries are for freedom of navigation in international waters.

He said safety of sea lanes is "very central" for and growth of economies and added that security and stability in the Indian Ocean region was very important.

"is highly interested in Indian Ocean Region," he said.

On Afghanistan, he said, is with in ensuring stability in the war-ravaged country. He also said both and have been striving for reforms in the UNSC.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Modi visit: India, Germany look to step up economic, def

India and Germany are set to ink a series of agreements to further deepen ties in key areas of trade, investment and energy, besides exploring ways to step up defence cooperation during Prime Minister Narendra Modi's two-day visit to Berlin beginning Monday. In their talks, Modi and German Chancellor Angela Merkel are also likely to deliberate on a number of pressing global issues including the situation in South China Sea, China's 'Belt and Road' initiative and the growing threat of terrorism, German envoy Martin Ney said today. He said there will be a series of "substantial" MoUs and joint declarations to ramp up cooperation in a wide-range of ares, adding the fourth Indo-German inter-governmental consultations, to be co-chaired by Modi and Merkel, will be a milestone in bilateral ties. Identifying terrorism as a major challenge, Ney said Germany stands side by side with India in fighting the menace and noted that his country has been sharing intelligence with the Indian ... and are set to ink a series of agreements to further deepen ties in key areas of trade, investment and energy, besides exploring ways to step up defence cooperation during Prime Minister Modi's two-day visit to beginning Monday.

In their talks, Modi and German Chancellor Angela Merkel are also likely to deliberate on a number of pressing global issues including the situation in South Sea, China's 'Belt and Road' initiative and the growing threat of terrorism, German envoy Martin Ney said today.

He said there will be a series of "substantial" MoUs and joint declarations to ramp up cooperation in a wide-range of ares, adding the fourth Indo-German inter-governmental consultations, to be co-chaired by Modi and Merkel, will be a milestone in bilateral ties.

Identifying as a major challenge, Ney said stands side by side with in fighting the menace and noted that his country has been sharing intelligence with the Indian government.

On defence cooperation, he said is ready to conclude a government-to-government agreement with in defence procurement, adding it will be discussed by the two sides.

"is a strategic partner for Of course, we have our export control regimes and they will continue to govern our dealings in export.

"is a strategic partner and providing stability in Asia and there is no reason why G-to-G approach should not make further progress," he said, while referring to Germany's defence products.

He said the Prime Minister will be in in the afternoon of May 29 and will have a bilateral dinner meeting with Chancellor Merkel in an "extremely light set up". German ministers will also hold separate bilateral meetings with their Indian counterparts.

On May 30, Modi will be officially welcomed with military honours which will be followed by a plenary session where all matters of importance will be deliberated upon. It will be followed by signing of MoUs.

Modi and Merkel will also have a luncheon meeting with business tycoons after which the Prime Minister will inaugurate the Indo-German business forum. Modi will be recieved by the German President before he departs for Spain.

In their talks, the issue of India's NSG bid is also likely to figure, with Ney asserting that supports New Delhi accession to different export control regimes including the NSG, Australia Group and the Wassenaar Arrangement.

Replying to a question on Kashmir, he said it is a domestic issue.

Ney said education, vocational training, renewable energy and railways are the other sectors where both sides are likely to ramp up engagement.

He said is aware of India's efforts to ensure ease of doing business and promotion of trade and investment is a priority area. Ney said German companies have invested a whopping Rs 53,000 crore in since 2010.

The volume last year was Rs 8,121 crore. A total of 1,800 German companies are operating in

Referring to South Sea dispute, he said both and are striving for rules based international order and that both countries are for freedom of navigation in international waters.

He said safety of sea lanes is "very central" for and growth of economies and added that security and stability in the Indian Ocean region was very important.

"is highly interested in Indian Ocean Region," he said.

On Afghanistan, he said, is with in ensuring stability in the war-ravaged country. He also said both and have been striving for reforms in the UNSC.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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