- Title: Germany pledges 10 bln euros for bilateral cooperation with India
- Date: 2nd May 2022
- Summary: BERLIN, GERMANY (MAY 2, 2022) (REUTERS) VARIOUS OF GERMAN CHANCELLOR OLAF SCHOLZ AND INDIAN PRIME MINISTER NARENDRA MODI SIGNING AN AGREEMENT / GERMAN CABINET MEMBERS STANDING AT THE SIGNING SCHOLZ AND MODI GOING TO START A NEWS CONFERENCE (SOUNDBITE) (German) GERMAN CHANCELLOR, OLAF SCHOLZ, SAYING: "In light of the significance India will have economically and also with regards to its population expansion it is clear that India is a key player in the fight for climate protection. This is important for the cooperation that is developing and so I am happy that we have been able to come to these agreements, especially the ones we have just signed." MODI LISTENING SCHOLZ SPEAKING (SOUNDBITE) (German) GERMAN CHANCELLOR, OLAF SCHOLZ, SAYING: "When implementing the measures for these partnership projects, we will provide a great deal of funding over the next few years, altogether 10 billion. And that is why it is a good thing that with these agreements signed also with the respective ministers on agriculture and protection of woodlands we are making our contribution." NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (Hindi) INDIAN PRIME MINISTER, NARENDRA MODI, SAYING: "We are committed to making quick progress with the EU as well on free trade negotiations." PHOTOGRAPHERS MODI AND SCHOLZ SHAKING HANDS / LEAVING
- Embargoed: 16th May 2022 15:38
- Keywords: G7 India-Germany relations Modi-Scholz agreement delegation development foreign visit trade
- Location: Berlin, GERMANY
- City: Berlin, GERMANY
- Country: Germany
- Topics: Diplomacy/Foreign Policy,Europe,Government/Politics
- Reuters ID: LVA001519102052022RP1
- Aspect Ratio: 16:9
- Story Text: Indian Prime Minister Narendra Modi and German Chancellor Olaf Scholz signed a series of declarations of intent for cooperation on Monday (May 2), for example, in the fight against climate change and the expansion of renewable energy and hydrogen use.
Germany is making 10 billion euros ($10.52 billion) available for bilateral cooperation with India in the coming years, Chancellor Olaf Scholz said on Monday.
"When implementing the measures for these partnership projects, we will provide a great deal of funding over the next few years, altogether 10 billion," Scholz told reporters after meeting Modi in Berlin.
Modi said his government was determined to make rapid progress towards a free trade agreement with the EU and said he welcomed the German government's intention to support the expansion of relations with ten billion euros by 2030.
Following his trip to Germany, Modi is set to visit France and Denmark next.
(Production: Oliver Ellrodt, Stefan Remter, Tanya Wood, Isabella Ronca) - Copyright Holder: REUTERS
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