Indo German trade target 20 billion euros by 2012

Nksagar Sagar Media Inc :Germany is India's largest trading partner in the 27-nation European Union with bilateral trade growing in the recent years to reach 13.4 billion Euros in 2008.Prime Minister said that both sides discussed the possibility of entering into bilateral cooperation in civil nuclear energy.The two sides agreed to enhance bilateral trade from the present level of 13 euro billion to 20 billion euros by 2012. On his part Dr Singh said relaxation of German export control laws will bring in a new horizon for expanding bilateral trade.Prime Minister Dr Singh said there are no bilateral irritants in the excellent Indo-German relations and "we believe sky is the limit for their cooperation".

(live-PR.com) - Dr Singh said India deeply valued Germany's consistent support in the 45-member Nuclear Suppliers Group for the opening of international commerce for New Delhi in the field of civil nuclear energy.Both the leaders said that India and Germany will work hard together to advance UN Security Council reforms for expansion of both permanent and non-permanent seats.Both India and Germany will


assume non-permanent seats in the Security Council from 1st January 2011 for a two-year period.
In a stern message to Pakistan, Germany made it clear that terrorism is not a means to solve political problems and this is "unacceptable". The concerns over terrorism figured during wide-ranging talks Prime Minister Manmohan Singh had with German Chancellor Angela Merkel in Berlin on Saturday.

"It has been made clear to Pakistan that terrorism is not a means to an end to solve political problems. It is unacceptable," Merkel said at a joint press interaction with Dr Singh.Dr. Singh held a summit meeting in Berlin with Chancellor Angela Merkel where major regional and global issues including the situation in Afghanistan, climate change, the state of global economy and the role of G20 in the recovery process came up for discussion. Dr.Singh announced that Germany will be the preferred partner in the field of vocational training and skill development and cooperation in this regard will be scaled up. The two sides also discussed the possibilities of bilateral cooperation in civil nuclear energy. On discussions on climate change, Ms. Merkel appreciated India’s Environment Minister’s role at the Cancun negotiations. Dr. Manmohan Singh said, India will play its part for arriving at a pragmatic and balanced solution within the UN Framework. Both the sides decided to work closely for the reforms of the UN Security Council. India and Germany will be non-permanent members of the Council in 2011 and 12. The Prime Minister promised India’s support to the efforts being made by Germany to ensure financial stability and economic recovery in Eurozone.

Germany will organise a year of Germany in India beginning in September next year. This was announced by Dr. Manmohan Singh in Berlin. He disclosed that India will organize Days of India in Germany during 2012-13. The 60th year of establishing diplomatic relations with Germany will be celebrated next year and Dr Singh extended an invitation to Chancellor Merkel to visit India next year which she accepted.


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