India and Germany have signed an umbrella agreement on financial and technical cooperation in the field of energy, environment and management of natural resources.
In a statement issued here yesterday, German Ambassador Michael Steiner said the signed agreement clearly shows the determination of Germany to further strengthen its long-standing partnership with India in the field of development co-operation.
The statement said, India and Germany had negotiated about 723 million euros worth projects in 2012 as part of a pact on development cooperation between them.
Thursday's agreement was signed by German Embassy's Deputy Chief of Mission Cord Meier-Klodt and India's Joint Secretary in the Department of Economic Affairs Rajesh Khullar.