India-Austria Pledge to Strengthen Sustainable Economic Partnership with Focus on Renewable Energy and Green Hydrogen
Key Ideas
- India and Austria emphasized the significance of a sustainable economic partnership, focusing on collaboration in renewable energy and green hydrogen.
- Leaders acknowledged each other's hydrogen strategies and endorsed a comprehensive partnership between institutions in these sectors to enhance bilateral relations.
- They welcomed the inaugural high-level bilateral Business Forum to encourage new collaborations and identified areas for targeted cooperation in environmental technologies.
- The visit marked the 75th anniversary of diplomatic relations between India and Austria and aimed to strengthen ties through various initiatives and partnerships.
During Prime Minister Narendra Modi's visit to Austria, both countries highlighted the importance of a sustainable economic partnership and the need for collaboration in renewable energy and green hydrogen. As signatories to the UNFCCC, leaders emphasized sustainability to combat climate change risks. PM Modi and Chancellor Nehammer endorsed the Austrian Hydrogen Strategy and India's Green Hydrogen Mission, promoting a comprehensive partnership in these areas. They encouraged research, scientific collaborations, and innovation to strengthen bilateral ties. The leaders also welcomed the high-level Business Forum to foster collaborations among companies in different sectors. Initiatives like the Start-Up Bridge and targeted cooperation in environmental technologies were endorsed to further enhance engagement. The visit, coinciding with the 75th anniversary of diplomatic relations, aimed to deepen ties between India and Austria through various partnerships and initiatives.
Topics
India
Renewable Energy
Innovation
Sustainability
Collaboration
Diplomatic Relations
Economic Partnership
Environmental Technologies
Start-Up Ecosystem
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