This is the 60th year of diplomatic relationship between India and Germany. There are about 68,500 Indians in Germany most of whom are working as professionals and self-employed. During the visit of German Chancellor to India in May 2011, both India and Germany reaffirmed that the bilateral trade should reach US$ 20 billion by 2012. There is a huge potential for Indian for Indian workers to take employment in Germany. As such, a bilateral Social Security Agreement with Germany is a significant requirement from the futuristic point of view to take advantage of the emerging employment opportunities and to strengthen the trade and investment between the two countries.
India has signed similar agreements with Belgium, Germany (Social Insurance for detached workers), France, Switzerland, The Netherlands, Luxembourg, Hungary, Denmark, Czech Republic, the Republic of Korea and Norway.
India has signed similar agreements with Belgium, Germany (Social Insurance for detached workers), France, Switzerland, The Netherlands, Luxembourg, Hungary, Denmark, Czech Republic, the Republic of Korea and Norway.
No comments:
Post a Comment