| | rediff.com: Climate for German investments in India positive: Eichel (Site not responding. Last check: 2007-10-18) |
 | | German Finance Minister Hans Eichel has said the climate in India for German investment was now "favourable", but felt the flow could accelerate if economic reforms are pursued vigorously to remove infrastructure bottlenecks. |
 | | However, transport, ports, power and highways are still major bottlenecks in India, he told reporters, adding that these issues needed to be addressed immediately by the Indian government to encourage foreign investment further like China. |
 | | Eichel, who had a detailed meeting with Indian Finance Minister Yashwant Sinha, said though central government was pursuing vigorously the reform process, what was important was that the reforms at the state level and local levels needed to be pursued with similar zeal. |
| www.rediff.com /money/2001/jan/12german.htm (240 words) |