Kamal Nath seeks German cooperation

07 Feb '07

1 min read

Shri Kamal Nath, Union Minister of Commerce & Industry, has stressed the need for greater cooperation between India and Germany in the field of science & technology, manufacturing and energy sector, while meeting the German Minister for Education and Research, Dr. Mrs. Annette Schavan, here.

Shri Nath highlighted the importance of the German small and medium enterprises (SMEs) to interact with the Indian SMEs and participate in India's economic growth. He also invited German investments and cooperation in India's booming pharmaceutical and engineering sector.

The German Minister expressed her country's keenness to explore cooperation in the area of renewable energy and energy efficiency products.

Both the Ministers also discussed possible cooperation in the area of intellectual property rights (IPRs) including the possibility of a bilateral agreement on IPRs. A 15-member German delegation from diverse industries also met the Shri Kamal Nath.

India's exports to Germany in 2005-06 were to the tune of US $ 3517 million while imports were US $ 5818 million. Major items of export to Germany include RMG cotton, machinery, instruments, drugs & pharmaceuticals etc.

while major items of imports from Germany include machinery (except electrical and electronics), electronic goods, transport equipment etc.

Press Information Bureau, India

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