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Manmohan Singh's visit to Germany and Belgium fruitful: Katju | Prime Minister Dr. Manmohan Singh''s visit to Germany and Belgium was successful
since several high level exchanges took place with leaders of both countries,
said Secretary (West) in the Ministry of External Affairs, Vivek Katju. Interacting
with mediapersons onboard Air India One while returning to New Delhi, Katju said:
"Prime Minister met the Prime Minister of Belgium (Yves Leterme) yesterday evening.
His meeting was in the context of high-level exchanges that have been taking place
between the two countries over the past few years." "To recall, the King of the
Belgium had visited India two years ago, and earlier this year, the Crown Prince
had led a large delegation, a large business delegation, consisting almost 300
business people. Belgium is the third largest trading partner of India," he added.
Katju further said bilateral trade between India and Belgium is in the range of
7.5 billion Euros. He said the agenda during the meeting between Dr. Singh and
Prime Minister Yves Leterme was focussed on the economic and commercial context
of the relationship between the two countries. Diamonds have a major share to
the extent of around 75 percent of the bilateral trade between both countries,
he added. Katju said Dr. Singh and his Belgian counterpart also stressed on the
need to diversify in other sectors. The two countries also focussed on the opportunities
available for further investments from Belgium into India, especially in the infrastructure
sector. "There was also a focus on the opportunities available for further investments
from Belgium into India, especially in the infrastructure field. As you know,
we have very ambitious plans for the development of our infrastructure, and that
gives opportunities to Belgium companies to take part in some areas where they
specially have strengths like imports," said Katju. He also mentioned that there
was also certain focus on cooperation in energy and biotechnology sectors, since
it was noted by both sides that the political content of the relationship was
excellent and would undoubtedly continue. Katju also said Dr. Singh had a fruitful
meeting with German President Christian Wulff and a detailed engagement with German
Chancellor Angela Merkel, where they discussed the relationship between India
and Germany and agreed that it is marked by reliability, which provides a good
foundation to move it forward. Speaking about the value of trade between India
and Germany, he said both countries have set a target of reaching a level of 20
billion Euros by 2012. "There are great opportunities to enhance our level of
trade (with Germany) which is around 13 billion Euros at the moment. This year,
we are hoping that it would reach around 15 billion Euros, the bilateral trade.
The two countries had set a target to reach a level of 20 billion Euros by 2012,"
said Katju. He also noted that discussions were held on investment in technology
flows from Germany to India, and the need for greater enhancement in these areas
with a specific focus on energy, renewable and solar sources in particular. Issues
of international concern, including the spread of terrorism across the world and
the current economic and financial situations in both countries were discussed,
he said. Dr. Singh visited Brussels to attend the 11th EU-India Summit. During
his visit, he met European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.
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