German Chancellor to meet Indian PM Modi for Indo-Pacific talks

Olaf Scholz's visit to India is the first standalone one by any German Chancellor since the commencement of the Inter-Governmental Consultation (IGC) mechanism between the two countries in 2011. Many things, including economic cooperation, the Green and Sustainable Development Partnership (GSDP) and Indo-Pacific are on the agenda when he meets Prime Minister Narendra Modi.

The IGC is a whole-of-government mechanism which brings together ministers and officials from both sides, who hold discussions in their domain areas and then report on the discussions during a plenary session chaired by PM Modi and Chancellor Scholz.

The Chancellor's visit comes after a year of renewed engagement between India and Germany. India and Germany share a strong economic partnership. Germany is India's largest trade partner in the European Union and has consistently been among India's top 10 global trade partners. It is also one of the largest foreign direct investors in India.

As a symbol of close economic ties and the strong potential for enhanced cooperation, Chancellor Scholz will be accompanied by a high-powered business delegation. During the visit, PM Modi and Chancellor Scholz will also address a Business Roundtable, comprising top industry leaders from both sides.

The visit will see the conclusion of B2B agreements.

(ANI)