Showing posts with label foreign policy. Show all posts
Showing posts with label foreign policy. Show all posts
The Prime Minister Dr. Manmohan Singh said that the energy sector is an area of great potential and India and Myanmar should upgrade their cooperation to a comprehensive energy partnership which would include sharing of Indian expertise and capacity building. Addressing business leaders and intellectuals from the both the countries this evening at Yangon, Dr. Singh reiterated that people of India is ready to extend a hand of friendship to support Myanmar’s long term development priorities.
The Prime Minister said that it was need of time for both India and Mynamar to work together and with other countries of their region to build prosperity, promote openness of thought and facilitate trade and movement of goods, people and ideas. He said that Myanmar is critical partner of India’s Look East policy and is perfectly situated to play the role of an economic bridge between India, China and between South and South East Asia. He emphasized for together working of India and Myanmar to create a regional economy that can become a hub for trade, investment and communication.
Expressing his satisfaction over his three day state visit to Myanmar the Prime Minister said that both the countries also need to expand their security cooperation that is not only vital to maintain peace along their land borders but also protect maritime trade.
Earlier the Prime Minister met the leader of the opposition and leader of the National League for Democracy Aung San Suu Kyi. After having a forty minutes meeting with democracy crusader Suu Kyi at Yangon, the Prime Minister Dr. Manmohan Singh said she will play a defining role in the process of national reconciliation in Myanmar.
The Prime Minister handed over UPA chairperson Sonia Gandhi's invitation to Suu Kyi to visit India and deliver the next Jawaharlal Nehru Memorial Lecture.
Before leaving for New Delhi Dr. Manmohan Singh visited Buddhist pilgrimage Shwedagon Pagoda and offered a 16 feet replica of the Sarnath Buddha. He also visited Mazar of last Indian Mughal emperor Bahadur Shah Zafar.
The Prime Minister said that it was need of time for both India and Mynamar to work together and with other countries of their region to build prosperity, promote openness of thought and facilitate trade and movement of goods, people and ideas. He said that Myanmar is critical partner of India’s Look East policy and is perfectly situated to play the role of an economic bridge between India, China and between South and South East Asia. He emphasized for together working of India and Myanmar to create a regional economy that can become a hub for trade, investment and communication.
Expressing his satisfaction over his three day state visit to Myanmar the Prime Minister said that both the countries also need to expand their security cooperation that is not only vital to maintain peace along their land borders but also protect maritime trade.
Earlier the Prime Minister met the leader of the opposition and leader of the National League for Democracy Aung San Suu Kyi. After having a forty minutes meeting with democracy crusader Suu Kyi at Yangon, the Prime Minister Dr. Manmohan Singh said she will play a defining role in the process of national reconciliation in Myanmar.
The Prime Minister handed over UPA chairperson Sonia Gandhi's invitation to Suu Kyi to visit India and deliver the next Jawaharlal Nehru Memorial Lecture.
Before leaving for New Delhi Dr. Manmohan Singh visited Buddhist pilgrimage Shwedagon Pagoda and offered a 16 feet replica of the Sarnath Buddha. He also visited Mazar of last Indian Mughal emperor Bahadur Shah Zafar.
Labels: foreign policy, India, Myanmar, Trade
India and Germany have signed an agreement to finance clean energy for rural development projects. As per the agreement, KfW(German Development Bank) will provide a loan amount of 100.1 million Euros to Rural Electrification Corporation, REC, to support such projects in the field of renewable energy and energy efficiency.
The loan agreement was signed by Mr Rajeev Sharma, Chairman and Managing Director of REC and Mr Oscar von Maltzan, Country Director of KfW for India in New Delhi. A Guarantee Agreement was also signed between KfW and the Government of India. This is the third Line of Credit that REC is receiving under the Bilateral Development Programme between India and Germany.
The loan agreement was signed by Mr Rajeev Sharma, Chairman and Managing Director of REC and Mr Oscar von Maltzan, Country Director of KfW for India in New Delhi. A Guarantee Agreement was also signed between KfW and the Government of India. This is the third Line of Credit that REC is receiving under the Bilateral Development Programme between India and Germany.
Labels: foreign policy, Germany, Rural development
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