Modi, Scholz vow to deepen ties
NEW DELHI: India and Germany on Monday launched a Green and Sustainable Development Partnership by which Berlin will provide €10 billion until 2030 to help implement New Delhi’s climate transition plans, and decided to sign a migration and mobility agreement that will benefit students and professionals from the two countries.
These were the major outcomes of the India-germany inter-governmental consultations (IGC) jointly chaired by Prime Minister Narendra Modi and Chancellor Olaf Scholz in Berlin at the start of the Modi’s three-nation European tour. The two sides signed seven more agreements, including one on joint implementation of development projects in third countries, and another on establishing a renewable energy partnership.
Modi said at a joint media interaction with Scholz the IGC gave a new direction to the bilateral partnership and provided important guidance to cooperation in energy and environment.
“Today we are launching the India-germany Green and Sustainable Development Partnership. India has shown to the world that green and sustainable growth is an article of faith for us by raising its climate ambition [at COP26] in Glasgow,” Modi said, speaking in Hindi.
“Under this new partnership, Germany has decided to support India’s green growth plans with an additional development assistance of €10 billion by 2030. For this, I thank Germany and Chancellor Scholz.”
Scholz described India as a “central part” of Germany’s plans for Asia.