Germany will invest one billion euros for green urban mobility in India
New Delhi, November 2 () German Chancellor Angela Merkel pledged on Saturday to invest one billion euros over the next five years in an environmentally friendly urban mobility in India.
Merkel, whose visit to the country coincided with one of the worst episodes of air pollution in Delhi/NCR, also emphasized the need to replace diesel public transport with electric vehicles.
We have agreed to cooperate in the protection of climate and green urban mobility and we have allocated one billion euros for this, Merkel said in an event here.
Germany would also contribute 200 million euros to reform the bus sector in Tamil Nadu, he added.
Referring to the issue of air pollution in Delhi, Merkel said that considering the seriousness of the situation, it would be a good idea to replace diesel buses with electric buses.
Delhi registered its worst air quality of the season on Friday when the level of pollution touched the category 'more severe', which led the authorities to close schools until November 5, ban all construction activities and declare a public health emergency
Merkel said Germany would also like to work with India in several segments, including medical care, agriculture and artificial intelligence.
On Friday, India and Germany agreed to deepen efforts to resume stalled negotiations for a free trade agreement between India and the European Union (EU).
Negotiations for the pact have been delayed since May 2013, as both parties failed to close substantial gaps on crucial issues.
Launched in June 2007, negotiations for the proposed pact have witnessed many obstacles with both sides that have large differences in key issues such as intellectual property rights, reduction of tariffs on cars and spirits, and the liberal visa regime . Both parties also agreed to intensify efforts for a speedy conclusion of an investment protection agreement between the EU, EU member states and India. MSS ABM ABM