Source: Bloomberg
The German Chancellor Tsutz called for further realization of the country's trade. At present, he tried to reduce his dependence on China and turn to strengthen cooperation with India.
"We must avoid one-sided dependence, especially in areas with strategic importance, such as key raw materials and certain technologies," Tsold the German Asia-Pacific Business Conference (ASIA-Said on Pacific Conference of German Business).
Souls said that Germany's promotion of the European Union and India finalize the free trade agreement as soon as possible, "this may be completed in a few months rather than a few years."
With the deterioration of relations with China, the economic prospects of Germany are shadowed, and this largest European economy is trying to deepen the trade and geopolitical connection with India.Shuerz is leading the huge delegation composed of ministers and commercial executives to visit India for three days. He praised India as the "stable anchor" in the region.Modi said that India has the advantages of a large population, rapid economic growth and infrastructure transformation.
Germany and India have signed a number of agreements on Friday, including confidential information protection, joint statement of labor exchange, and green hydrogen energy, technology and innovation roadmap.
Modi said that under the leadership of Shuolz, the relationship between the two countries has emerged in a new momentum. Strengthening cooperation between the two sides in the field of defense and security is a sign of trust.
