An engaging discussion on broadening and deepening our strategic partnership.
German President Frank Walter Steinmeier who is on a five-day visit to India had a wide-ranging talk with Indian leadership including Prime Minister Narendra Modi and Vice President Venkaiah Naidu at the renovated Sunder Nursery, a 90-acre heritage park in central Delhi on Saturday. They stressed that the world community must be unanimous in curbing and rooting out terror in all forms.
The German president had arrived on Thursday and had visited Varanasi. He also had an interaction with students at the Delhi University. On Sunday, he will travel to Chennai. His engagements there include a visit to IIT-Madras and addressing a group of business leaders. The next day he will visit the Shore temple in Mahabalipuram.
Modi tweeted: “Had the honor of taking the President of Germany, Mr. Frank-Walter Steinmeier to Delhi’s Sunder Nursery. We had wonderful discussions on a wide range of issues.
External Affairs Minister Sushma Swaraj also called on the German president, who has visited India several times in the past in his capacity as the foreign minister and vice chancellor of Germany.
Raveesh Kumar, Spokesperson of Ministry of the External Affairs tweeted: The two sides attach priority to the relationship, bilaterally and also in the global context,”
M Venkaiah Naidu’s statement:
Naidu said that India and Germany share similar perceptions on most of the issues confronting the world.He decried the activities of India’s neighbour “which is encouraging, abetting and aiding terror groups”. And he also said that “Terror has no religion”.
The year 2016-17 Trade turnover:
Germany is India’s largest trading partner in Europe and the sixth largest trading partner in the world. India was ranked 24th in Germany’s global trade.
In 2016-17, the bilateral trade turnover was USD 18.76 billion. In 2016-17, India exported goods worth USD 7.18 billion to Germany and imported goods worth USD 11.58 billion.
Germany is the 7th largest foreign direct investor in India and the cumulative German FDI in India from April 2000 to December 2017 is USD 10.71 billion or 2.91 percent of total FDI, according to official figures.
Written by – Abhilasha Kumari
(Market Report and Research Analyst)