German Chancellor Friedrich Mertz on India visit, what will both the countries get?
German Chancellor Friedrich Mertz and Prime Minister Narendra Modi are in Gujarat. Both the leaders reached Sabarmati Ashram in Ahmedabad and paid tribute to Mahatma Gandhi. PM Modi and Friedrich Maertz arrive at Sabarmati Riverfront and inaugurate the International Kite Festival. Both the leaders are participating in bilateral programs at the Mahatma Mandir Convention Center in Gandhinagar. This is Friedrich Maerts’s first visit to India.
Friedrich Maerts’s visit to India is considered very special. There is going to be an important discussion between India and Germany regarding trade and industry. This meeting is considered very important for the world of business, defense and culture. Friedrich Maertz is also counted as a right-wing leader. He is the leader of the Christian Democratic Union (CDU) of Germany.
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Why is this tour special?
A submarine agreement worth $9.3 billion is being signed between India and Germany. India’s maritime power will increase with the help of Germany. Germany and India will jointly build submarines. This is considered very important strategically for both the countries. India is emphasizing on expanding its maritime power. This deal is considered important for Germany. India is dependent on Russia in defense matters. India is also getting a new partner in Europe.
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What else will be discussed?
Friedrich Maerts is on a two-day visit to India. Prime Minister Narendra Modi had invited him. Friedrich Maerts and PM Modi are now going to discuss investment, trade, technology, education and defense matters. Friedrich Maertz will visit Bengaluru on Tuesday.
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How big is India-Germany trade?
Trade between India and Germany has increased rapidly. Trade between the two countries has reached a level of more than 30 billion dollars. Hundreds of German companies are in India, Indian companies are also rapidly expanding their business in Germany. India is becoming a hub of global trade and manufacturing, in such a situation the relations between Germany and India are expected to improve further. Germany had increased the number of visas for skilled Indians every year from 20 thousand to 90 thousand in the year 2024. Indians are also helping significantly in the economic development of Germany.
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