A cooperation agreement is to be signed between India and Germany for them to work together on resource efficiency.
At an environmental forum between German and Indian Environment Ministers, it was announced that the two countries will seek to develop a technical cooperation agreement on developing resource efficiency and improved sustainable management of secondary materials.
Secondary Commodity Markets 2015 – the conference for buyers and sellers of recyclable materials takes place on 3 March 2015 in London. Find out more here
Indian Environment Minister Prakash Javadekar (pictured) said: “I wish the project breaks new ground and leads to further collaboration in the field of resource efficiency.”
German Environment Minister Barbara Hendricks noted the difficult business environment in India, especially around the complexity and regional differences in procurement rules that make developing resource efficient materials management difficult for non-Indian firms.
She hoped that a Free Trade Agreement being developed between India and the European Union will address this.