The agreement was signed to formalize a maximum of 200 million euros for financial cooperation in the form of a loan for the climate-friendly urban mobility III project and 11 million euros in the form of a grant for four projects. 3. If the United States, on the one hand, and the European Union or a Member State, on the other hand, enter into an agreement on the transfer of personal data that is not provided for in cases, investigations or prosecutions, the transmission of personal data can only take place under certain conditions provided by the agreement and which duly justify their transfer. The agreement also provides for appropriate information mechanisms between the relevant authorities. Today`s agreement was signed by the Deputy Head of Mission of the German Embassy, Cord Meier-Klodt, and the Joint Secretary at the Ministry of Economy, Rajesh Khullar. The EU-US agreement on protection standards for the transfer of personal data between EU and US law enforcement agencies India and Germany on 4 December 2017 was signed by the government on government framework agreements for financial cooperation in 2016 (II) as part of Indo-German development cooperation. The agreement was signed for up to 200 million euros for financial cooperation in the form of loans for the “Climate-friendly Urban Mobility III” project and 11 million euros in the form of a grant for four projects. The agreement was signed by Martin Ney, Ambassador on behalf of the Federal Republic of Germany, and S. Selvakumar, Joint Secretary, Department of Economic Affairs of the Federal Ministry of Finance. 3.
Where the parties or the United States and one Member State have entered into another agreement, the purpose of which is also within the scope of this agreement, providing for joint audits, these joint audits cannot be replicated and, if so, their findings are made on the results of the joint review of this agreement. “The agreement we signed today is a record of our commitment. It clearly demonstrates our determination to strengthen our long-standing partnership with India in the area of development cooperation,” German Ambassador Michael Steiner said in a statement. 1. This agreement applies to personal data transmitted between the competent authorities of one party and the competent authorities of the other party, or transmitted through other means under an agreement on the prevention, detection, investigation and prosecution of criminal offences, including terrorism, between the United States and the European Union or its Member States. To further strengthen bilateral relations, India and Germany signed a framework agreement on financial and technical cooperation in the fields of energy, environment and natural resource management on Thursday. 1. This agreement complements, if any, the personal data protection provisions contained in international agreements between the parties or the United States and the Member States that deal with matters within the scope of this agreement.