India - Germany
- 02 Nov 2019
- 3 min read
Why in News
German Chancellor Angela Merkel visited India from 31st October - 1st November 2019 for the fifth round of Inter-Governmental Consultations (IGC).
- Intergovernmental Consultations (IGC) are held at the level of Head of Governments which allows for a comprehensive review of cooperation and identification of fresh areas of engagement.
- India is amongst a select group of countries with which Germany has such a dialogue mechanism.
- It is a unique mechanism which has helped deepen the bilateral relations between India and Germany in several fields such as new and advanced technology, smart cities, inland waterways, environmental protection etc.
- Pacts signed in fields such as space, civil aviation, maritime technology, medicine, education, agriculture and Artificial Intelligence (AI).
- Cooperation in Defence
- India has invited Germany to take advantage of opportunities in defence sector in the upcoming defence corridors in Uttar Pradesh and Tamil Nadu.
- The countries agreed to work on bilateral and multilateral platforms to counter terrorism and extremism.
- Stand on International Issues
- To continue cooperation to expedite reforms in the United Nations (UN) Security Council.
- Stressed on restoring full functioning of the World Trade Organisation (WTO) dispute settlement system and reforming the organisation without undermining its fundamental principles such as Special & Differential Treatment etc.
- Climate Change
- Agreed to provide financial support to climate initiatives aimed at reducing greenhouse gas emissions.
- Germany expressed its readiness to provide 1.1 billion dollar to India for green urban mobility.
- Economic Sector
- To deepen efforts to restart negotiations between the European Union (EU) and India on the Bilateral Trade and Investment Agreement (BTIA).
- Science and Technology
- To conduct joint research on the development and use of Artificial Intelligence (AI).
- To identify best possible approaches on cyber security.
India - Germany Ties
- India and Germany have a 'Strategic Partnership' since 2001.
- Germany is India's largest trading partner in Europe.
- India and Germany are members of G-4 along with Brazil and Japan. The G4 nations support each other’s bids for permanent seats on the United Nations Security Council.
- Both countries are also members of the Financial Action Task Force (FATF).