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Boosting the Relationship between India and Germany

1st Indo-German Business Dialogue

May 30th, 2016

The bilateral relations between the Federal Republic of Germany and the Republic of India go back for a long time and have been traditionally strong, considering that India was amongst the first countries to establish diplomatic ties with Germany after the Second World War. Today the two countries are important partners for each other both bilaterally and in an international aspect, and they have strong relations due to commercial, cultural and technological cooperation.

The First Indo-German Business Dialogue, with collaboration of the Indian Embassy in Berlin, will be held on the 8th of June 2016 and has its special tie to bringing together decision-makers from both the public and private sector, and facilitate exchange of ideas in the highest level.

India and Germany have a 'Strategic Partnership' since 2001, which has been further strengthened with the mechanism of Intergovernmental Consultations (IGC) between the two Governments. The 3rd IGC meeting was held in New Delhi on October 5, 2015. Germany is India's largest trading partner in Europe and has consistently been among India's top ten global trade partners. On the occasion of last year’s Hannover Messe, Prime Minister Narendra Modi and Chancellor Angela Merkel created a powerful vision of close commercial and political ties between India and Germany. As the dimension of the multilateral relations the G4 collective includes the participation of India, Germany, Japan and Brazil. To have a comprehensive review of cooperation there is a long tradition of academic and cultural exchanges.

The occasion of the First Indo-German Business Dialogue has in its agenda representatives from the political and business sector share their insights around the main topic of free trade, innovation and future technology. This will lay the foundation for new alliances and business ties to be forged and will help increase the wealth and prosperity of the two nations. It is organized by the support of prominent partners such as the Indian Embassy in Berlin, the DIHK, the OAV, the Bertelsmann Foundation, the Konrad-Adenauer-Foundation and the Wirtschaftsrat. This forum gives the participants the opportunity to forge new business ties and to engage with politics. As Chancellor Merkel said: "India needs jobs, Germany needs people and collaboration is crucial to meet the demographic needs of both countries".

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News from Berlin
Bettina Kovacs, Berlin Global