PM Modi had a 'Good Interaction' with German Chancellor Angela Merkel
- Author: Leroy Wright May 31, 2017,
May 31, 2017, 4:23
After the talks, the two sides signed 12 MOUs/agreements in fields like cyber policy, development initiatives, sustainable urban development, continued development of cluster managers and skill development, digitalisation, railway security and promoting vocational training.
Merkel was hosting a press conference with Indian Prime Minister Narendra Modi when she was asked whether Germany was looking towards Asia to develop relations, following her comments on Sunday that "Europe could no longer rely on the U.S. and Britain", reports Efe.
"PM @narendramodi calls on President Frank-Walter Steinmeier at Castle Bellevue", Baglay tweeted. First, bilateral trade deficits are not particularly useful indicators of countries' economic performance in relation to others. But she also highlighted Germany's history of cooperating with India and China in a global world. "We want the European Union to become stronger and India will play a positive role towards that through the medium of Germany", he told reporters at a joint briefing with Merkel.
India-Germany Made for Each Other, says Modi: PM Narendra Modi received a ceremonial and honorable welcome in Germany. He said India offers opportunities for companies to invest.
Chancellor Merkel said both countries have extended and depended close bilateral cooperation in different areas.
Germany also backed India's bid for the Nuclear Suppliers Group (NSG). The two countries are also not on the same page on climate policies. He also cautioned Merkel from taking such a confrontational posture with the United Kingdom particularly in light of coming trade negotiations between the United Kingdom and the European Union throughout the Brexit process.
Trump launched a salvo against German auto exports to the United States last week, saying that "the Germans are bad, very bad" during a meeting with senior European officials in Brussels, the German weekly Der Spiegel reported.
Prime Minister Modi is accompanied by Minister for Science and Technology Harsh Vardhan, Minister of State for New and Renewable Energy Piyush Goyal, Minister of State for Commerce and Industry Nirmala Sitharaman and Minister of State for External Affairs M.J. Akbar.
The first IGC was held in New Delhi in 2011, the second in Berlin in 2013, and the third in New Delhi in 2015.
Both the leaders will then address the India-Germany Business Summit.
India, which has been liberalising its foreign direct investment policy, received a total of United States dollars 43.5 billion worth of FDI in fiscal ending March 2017.