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Bilateral Relations Of Indo-France Indo-Denmark And Indo-German

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Bilateral Relations of Indo-France

Aid policy with bilateral partners was reviewed. French aid is tied to imports of French goods and services. French commitments are made for specific projects where contracts are awarded to French companies. Local costs are not financed under French aid.

The policy announcement of 20 September 2004 has included France (by virtue of being a G-8 country) in the list of countries from which development assistance would be acceptable to India.

However, while India welcomes development assistance from France, it would still not receive tied aid. It has been clarified to France that it may not be possible for India to accept tied aid; even if it is bundled in a package with an united component.

Indo-Denmark Bilateral Relations

As per Government of India’s new policy on external assistance, where will be no further bilateral development cooperation at Government of Denmark has also decided to phase out its assistance even from the ongoing projects by the end of 2005.

The Government of India has concurred with this decision. Consequently, no further disbursements on Indo-Danish projects are foreseen after 31 December 2005. India has re-paid all Danish loans and India has no further debt liabilities in respect of Denmark.

Indo-German Bilateral Relations

The Federal Republic of Germany is one of the largest European donor and providing both financial and technical assistance to India since 1958. Financial assistance has been provided mainly as soft loan, composite loan (soft loan combined with commercial loan) as well as grants routed through KfW, German Government’s Development Bank.

There are 32 Financial Cooperation (FC) and 18 Technical Cooperation (TC) ongoing projects. Total assistance involved in the ongoing FC and TC projects is Euro 987.349 million and Euro 49.98 million respectively. There are 18 financial cooperation and 31 technical cooperation committed pipeline projects and total assistance involved is Euro 661.23 million and Euro 63.755 million respectively.

The Indo-German Annual Negotiations-2004 was held in July 2004, in which commitment of Euro 123.53 million was made (including Euro 15.53 million from the reprogrammed funds). The following Financing/Loan Agreements have been signed with KfW (Germany) under Indo-German Bilateral Development Cooperation during the year 2004-05:

1. Pulse polio programme (phase 5,6 and 7)- Euro 26.7 million (grant)
2. Karnataka secondary level hospital phase II- Euro 14.3 million (grant)
3. Vijayawada power project in Andhra Pradesh- Euro 281.057 million

An agreement between Government of Federal Republic of Germany and the government of India regarding technical cooperation was signed in respect of the commitments made by Germans for the year 2004 worth Euro 22.905 million.

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