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India, Denmark sign 9 pacts, to ramp up trade

 

New Delhi: Prime Minister Narendra Modi on Tuesday in Copenhagen, Danish PM Mette Frederiksen condemned Russia for its “unlawful invasion of Ukraine” and publicly hoped India would stop its military offensive to Russia, Russian President Vladimir Putin has got to stop this war ”. The two PMs also reviewed the bilateral Green Strategic Partnership between their two nations and decided to ramp up trade ties and cooperation in green energy and combining climate change, with two countries signing nine pacts of diverse fields such as migration and mobility, shipping and culture , fisheries, animal husbandry, skill development, start-ups, water management and energy policy.

Both leaders also “reconfirmed their commitment to democratic values, the rule of law and respect for human rights which is based on the Green Strategic Partnership”. Mr Modi will participate in the Second India-Nordic Summit on Wednesday in Copenhagen with five Nordic nations – Denmark, Sweden, Norway, Finland and Iceland.

In his public remarks on Tuesday, the Danish PM, Mr Narendra Modi, said: “Today, we have discussed a number of regional and global issues, including India-EU relations, Indo-Pacific and Ukraine. We call for an immediate ceasefire in Ukraine and the issue of adoption and the diplomacy of resolution. We are stressed on ensuring a free, open, inclusive and rules-based Indo-Pacific region. India-EU Free Trade Agreement on We Hope That Negotiations We also discussed our cooperation in the field of climate. Glasgow COP-26. We have agreed to explore more opportunities in the Arctic region. ”

As Denmark’s “Reiterated Denmark’s Strong Condemnation of the Russian Force against Unlawful and Unprovoked Aggression”, a joint statement from both leaders expressed their serious concern about the ongoing humanitarian crisis in Ukraine. The need for an immediate cessation of hostilities has been emphasized by the contemporary Charter of the United Nations Charter, Sovereignty for International Law and Honor implications ”, while“ agreeing to remain engaged on the issue ”.

On India-EU ties, the two Prime Ministers emphasized the importance of the India-EU Strategic Partnership and reaffirmed their commitment to further strengthening the partnership. They are also “a balanced, ambitious, comprehensive and mutually beneficial approach and an early and simultaneous outcome for the Agreements on India-EU Trade, Investment and Geographical Indicators.” The two leaders welcomed the launch of the Trade and Technology Council between the EU and India, underlining the importance of deep, strategic cooperation in cross-cutting issues related to trade, trusted technology and security and also recalled the India-EU Connectivity Partnership. to support efforts to its early implementation ”.

In a statement, New Delhi said: “Both PMs reviewed the progress of the India-Denmark Green Strategic Partnership. The discussions covered cooperation in renewable energy, especially offshore wind energy and green hydrogen. New Delhi also said Mr Modi “appreciated the positive role of Danish companies in India and our flagship programs” while the Danish PM highlighted the positive role of Indian companies in Denmark.

On trade ties, the joint statement said: “The two PMs underlined the importance of bilateral trade and investments and stressed the need to maximize the economic ties between the two countries. They are diversified, resilient, transparent, open, secure, and predictable global supply chains that will ensure that financial security and prosperity of their peoples are realized. The two PMs welcomed the Danish investments in India, especially in the areas of renewable energy, water, terminals and port modernization and expansion, food processing and engineering sectors and India’s investments in Denmark, and in particular the information technology they have noted. where Danish companies have the largest number of employees outside of Denmark. ”

It added: “Both leaders have agreed that the opportunities created by the Green Strategic Partnership will lead to an upward trajectory in bilateral trade and investment. In this context, the two Prime Ministers welcomed the launch of the ‘India Green Finance Initiative’, which aims to contribute to the financing of green projects and accelerating green growth and job creation in India. ”

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