Sunday, May 19, 2024

PM Modi to visit Germany, UAE from June 26-28

PM Modi

New Delhi, June 22: Prime Minister Narendra Modi will pay a three-day visit to Germany and the United Arab Emirates beginning Sunday.
The Ministry of External Affairs (MEA) said PM Modi will visit Germany from June 26 to June 27 to attend the G7 summit.
“Prime Minister Narendra Modi will be visiting Schloss Elmau, Germany at the invitation of Chancellor of Germany, Olaf Scholz, for the G7 Summit under the German Presidency on June 26 and 27,” the MEA said in a statement on Wednesday.
It said PM Modi will travel to the UAE from Germany on June 28.
“After attending the G7 Summit, the prime minister will be travelling to United Arab Emirates (UAE) on June 28 to pay his personal condolences on the passing away of Sheikh Khalifa bin Zayed Al Nahyan, the former UAE President and Abu Dhabi ruler,” the MEA said.
Expecting 7.5 pc economic growth rate this year: PM Modi
The government expects the Indian economy to grow by 7.5 per cent this year, Prime Minister Narendra Modi said on Wednesday.
In a virtual address at the BRICS Business Forum, Modi also said the value of the Indian digital economy will reach USD 1 trillion by 2025.
Highlighting the strength of the Indian economy, he said there is an opportunity to invest USD 1.5 trillion under the country’s national infrastructure pipeline.
“We are expecting a 7.5-per cent growth rate this year that will make us the fastest growing major economy,” Modi said in his address.
In a “New India”, transformative changes are taking place in every sector, he said, adding that a key pillar of the country’s economic recovery is technology-led growth.
“We are supporting innovation in every sector,” the prime minister said.
The BRICS Business Forum took place a day ahead of a virtual summit of the five-nation bloc.
The BRICS (Brazil-Russia-India-China-South Africa) brings together five of the largest developing countries of the world, representing 41 per cent of the global population, 24 per cent of the global GDP and 16 per cent of the global trade. (PTI)