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India values Germany's role as Europe's economic powerhouse: Manmohan Singh | Describing Germany as the economic powerhouse of
Europe, and as India's largest trading partner in Europe , visiting Indian Prime Minister, Dr. Manmohan Singh, said that it is playing a key role in ensuring financial
stability and economic recovery in the Eurozone. Conveying India 's full support
to German Chancellor Angela Merkel in this endeavour through an opening statement
made at a joint press interaction here, Dr. Singh said that the economic resurgence
of Europe is critical for a balanced recovery of the global economy. "We have
agreed to continue our close consultations within the G-20 framework to work towards
such an outcome," he said. Dr. Singh also said that India and Germany will both
be on the United Nations Security Council in 2011 and 2012. "We will work closely
with Germany, both bilaterally and within the G-4, to enhance the effectiveness
of the Security Council, as well as in support of the expansion of the permanent
and non-permanent categories of its membership," he added. With regard to the
crucial issue of climate change, the Indian Prime Minister said that the world
must continue to build upon the progress made at the Cancun Conference on Climate
Change. "India will play its part in arriving at a pragmatic and balanced solution
within the framework of the U.N. Framework Convention on Climate Change," he said.
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