Germany to cooperate India's energy sector

Germany to cooperate India's energy sector

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PM Mr Man Mohan Singh inaugurated, 'Science Express' an exhibition on wheels that visiting German Chancellor Angela Merkel opened in the capital along with him.Later in the day she attended meeting organised by conglomerate of various industries.

Tuesday, October 30, 2007
Germany to cooperate India's energy sector

Chancellor of Germany Angela Merkel said addressing industry leaders here at the jointly organised CII-FICCI-ASSOCHAM meeting that Germany is willing to cooperate with India "very closely" in the energy sector and asked New Delhi to take a long-term view while negotiating emission reduction obligations in any global climate deal.

"In the area of energy we have to cooperate very closely ...And efforts will be made to give priority to renewable energy," Merkel said India-Germany cooperation would not be narrow but broadbased. "India will be our strategic partner and we wish to enhance this relationship."

She said enhancing business has to be given the top priority in the strategic partnership.

Germany-India bilateral trade has crossed 10 billion euro in 2006, meeting the target four years in advance.

Merkel said while auto giant Volkswagen is enlarging its plants in India, Airbus has made "excellent offers" both for the civilian and defence aircraft.

Area of climate change, Merkel said India should take a long-term view in international cooperation. "India's per capita emission is at the bottom of the pyramid but we have to think of future," she said.

She said Prime Minister Manmohan Singh told her that in the long-term a fair solution was possible if each individual was given his or her share of emission.PTI

Posted by Nksagar at 10:04 AM 0 comments

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Submitted by Nksagar on Tue, 2007-10-30 17:23.