Blitz Bureau
NEW DELHI: Amid significant and far-reaching changes on the global strategic landscape, India and Germany will work towards doubling the bilateral trade, External Affairs Minister S. Jaishankar said on September 3, adding that together, they would like India-EU free trade agreement (FTA) negotiations to move to a decisive conclusion soon.
Bilateral trade has grown significantly over the past decade between the two nations, reaching a record high of around $33.4 billion (28 billion euros) in 2024.
In a press briefing with visiting German Foreign Minister Johann Wadephul, Jaishankar said that in one of his earlier interviews, his German counterpart had said he was very confident that “we would be doubling our trade” with India.
“Let me assure him that India fully reciprocates that sentiment. We look forward to working with the German government towards this. I want to reiterate that we remain fully committed to continuously improving the ease of doing business in this country. I assured the minister today that any concerns that German companies may have in India — coming to India, establishing themselves, working here — we would be prepared to give it special attention,” Jaishankar stressed.
He also said that the “changes we see in the world today do influence our policies and do influence the manner in which we approach other countries”.
