Wednesday, October 31, 2007

Germany, India agree to boost ties in business, defense, science, technology

: Republic Of India and Federal Republic Of Germany agreed to work together to undertake the menace of planetary warming, velocity up the success of worldwide trade negotiation and encouragement the two countries' business, scientific discipline and defence ties.

India-Germany trade have doubled within the past three old age to US$15.1 billion (€10.5 billion ) a year, and they agreed to seek to nearly dual it by 2012, said a joint statement released at the end of German Chancellor Angela Merkel's negotiation with North American Indian Prime Curate Manmohan Singh.

The two states also said they agreed "to heighten cooperation in tackling cyber crime, illegal migration, the proliferation of arms of mass devastation and their bringing systems and international terrorism."

Germany will lend US$210 million (€150 million) to advance energy efficiency and renewable energy undertakings in Republic Of India in a command to protect the planetary climate, the statement said.

The two sides signed six agreements, covering common protection of classified defence information; cooperation on patents, designings and trademarks; and scene up scientific discipline and engineering projects. They said they will also collaborate in defence technological research and weaponry procurement. Today in Asia - Pacific

Merkel, on her first Republic Of Republic Of India visit as chancellor, said Federal Republic Of Germany is ready to assist India in energy, scientific discipline and technology, and in edifice roadstead and improving railroads.

Addressing India's top businessmen, she said clime alteration loomed big on the international agenda, and "the development states should avoid the errors committed by the developed countries."

Merkel said Republic Of Republic Of India could play a constructive function in concluding the World Trade Organization talks, which have got stalled since their origin six old age ago, largely owed to differences between rich and mediocre states over eliminating barriers to agricultural trade.

Singh called Merkel "a great statesman" and "a great friend of our country."

An Indo-German Science and Technology Research Center will be created in Republic Of Republic Of India to ease cooperation in industrial and basic research, said India's External Personal Business Ministry spokesman, Navtej Sarna.

Germany currently throws the G-8 presidency.

Merkel, on a four-day visit to India, is accompanied by a 30-member deputation including the new head of industrial pudding stone Mho AG, Simon Peter Loescher, and senior directors from chemical company BASF and the Deutsche Bahn railway firm.

She was also put to see Mumbai, India's fiscal and amusement capital, where she will ran into top Indian concern leadership on Wednesday.

Merkel was scheduled to go back to Federal Republic Of Germany on Thursday.

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