India, Germany going global

Globalization is the answer, not protectionism. At least that is what you hear when you head outside the United States.
After listening to the keynote speeches at the opening ceremony at Hannover Messe Sunday night German Chancellor Dr. Angela Merkel and India’s Prime Minister Dr. Manmohan Singh talked about breaking the chasm of solitary countries and, instead, build greater partnerships to create a global economy.
“India sees Germany as a leading scientific, technological and cultural power,” Singh said. “We recall with gratitude the German role in building a new India. We see great mutuality of benefit for us in building upon this history of partnership.”
“Both our countries have been linked by technology,” Merkel said. “We are facing the same challenges. India is a strong competitor of ours; we can learn from each other.”
The two countries have their own challenges there is no doubt, but the leaders seemed tied into the idea they are not their own islands. They said by working together they will be stronger than if they worked alone.
“Today, we have a new vision for India as an active participant in the increasingly global economy,” Singh said. “We are committed to an open, liberal economy; one that is in tune with the new realities of the global economic order. Just as we see Germany as a natural partner in Europe, we hope Germany will increasingly come to view India as it natural partner in Asia.”
One way to pave the road to success is by working out the bureaucracy between the two nations. It is much easier to say no, than to work out a solution.
“Technology innovation sometimes gets bogged down with the red tape,” Merkel said. “We have made the reduction of red tape and bureaucracy a top priority. We have to look to new paths and ways.”
“To make our economic cooperation more robust, we need to address barriers to trade and investment,” Singh said.
At least a face value, these two countries seem to “get it.” These two economies are not small players. Germany is one of the leading economies in the world, while India is a growing force. Only time will tell, but right now the two countries seem to be looking in the right direction.
What do you think? Talk to me.