PM Modi co-chairs enterprise spherical desk in Berlin bringing high honchos from India, Germany collectively

This is Prime Minister Narendra Modi’s first assembly with Scholz as German Chancellor, who assumed workplace in December, 2021.

Prime Minister Narendra Modi and German Chancellor Olaf Scholz work together with high executives from German and Indian firms. Twitter/ @MEAIndia

Prime Minister Narendra Modi co-chaired a Business Round Table with German Chancellor HE Olaf Scholz. In his remarks, Prime Minister emphasised on the broad-based reforms carried out by the Government and highlighted the rising numbers of start-ups and unicorns in India. He invited the enterprise leaders to spend money on India’s youth.

The occasion noticed participation of excessive representatives from the Governments and chosen CEOs from either side, who engaged in discussions on matters starting from local weather cooperation; Supply chains; Research and Development.

India and Germany have had a ‘Strategic Partnership’ since 2001, which has been additional strengthened with three rounds of IGC. The final IGC was co-chaired by PM Modi and German Federal Chancellor Angela Merkel who visited India. The fifth spherical of IGC was held from 31 October – 1 November, 2019. The consultations have been delayed because of the COVID-19 pandemic.

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This is PM Modi’s fifth go to to Germany after turning into Prime Minister. He had earlier visited the European nation in April 2018, July 2017, May 2017 and April 2015.

In his departure assertion, PM Modi had mentioned that his go to to Berlin will likely be a possibility to carry detailed bilateral discussions with Chancellor Scholz, whom he met at G20 final yr in his earlier capability as Vice-Chancellor and Finance Minister.

“I look forward to exchanging views with Chancellor Scholz on strategic, regional and global developments that concern us both,” Modi had mentioned forward of his go to.

Germany is India’s largest buying and selling accomplice in Europe with a bilateral commerce of over USD 21 billion.

With inputs from PTI

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