Strategic and economic importance of India-German ties:
- India and Germany have a “Strategic Partnership” since 2001, which has been further strengthened with the Inter-Governmental Consultations (IGC)
- The 5th IGC, was held in 2019 during which 21 MoUs/Agreements were signed in diverse areas of engagement including some of the new and emerging areas such as Artificial Intelligence, Space, Smart Cities, Urban Green Mobility etc.
- Both are part of G20 – Challenges to global economic stability and growth, G-4 – Reform of the UNSC, discussions towards initiation of text-based negotiations.
- Some States and Cities of India and Germany have entered into twinning arrangements. In January 2015, Maharashtra and Baden-Wurttemberg signed an MoU to establish a Sister State relationship.
- Germany is India’s largest trading partner in Europe. Bilateral trade grew from Euro 15.96 billion to Euro 20.41 bn in 2018.
- Germany is the 7th largest foreign direct investor in India since April 2000.
- To facilitate the entry of German Mittelstand (Medium Sized Companies) in India, the Embassy of India, Berlin runs the Make in India Mittelstand (MIIM) Programme since September 2015.
- Germany and India have a green partnership based on trade, investment, technology, functional collaboration, skill development, and sustainability.
- There are several initiatives like the Indo-German energy forum, environmental forum, partnership on urban mobility, skill development and science and technology.
- The biggest gain from the IGC has been the Joint Declaration of Intent (JDI) establishing the Green and Sustainable Development Partnership.
- Germany is reaching out with new and additional financing of €10 billion to fund green projects in India under public, private and PPP models.
- To support this, a ministerial segment is being introduced under the IGC.
- The IGC is the only such format that India has with any country.
- Another significant development is the JDI on Triangular Development Cooperation for projects in third countries. This will provide avenues to work together in the Indo-Pacific, Africa and beyond.
- The Indo-German Education Partnership, which the German Bundestag passed in 2016 as a New Passage to India, has borne fruit — from about 4,000 students in 2015, there are nearly 29,000 Indian students in Germany.
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