US EditionIndia counting on German support to expedite trade talks with EU
India aims to finalize the India-European Union Free Trade Agreement by end of 2025 with Germany's support, targeting to double bilateral trade from $33.4 billion in 2024.
- On Wednesday in New Delhi, External Affairs Minister Subrahmanyam Jaishankar told Johann Wadephul, "We count on your support to deepen our relationship with the European Union and expedite the FTA negotiation."
- Jaishankar said the FTA should reach a 'decisive conclusion' soon as talks face EU demands on imports and rules, while India aims to protect local farmers and finalize by end of 2025.
- Germany pledged full backing, with Johann Wadephul saying, `Germany is in full support of carrying this Agreement, negotiated as soon as possible` and promising to use all arguments with the European Commission to advance the FTA, noting more than 200 German companies operate in India.
- Following delegation-level talks, ministers called for increased trade and cooperation as Commerce Minister Piyush Goyal said the FTA with the EU is at an advanced stage, meeting Johann Wadephul during his two-day visit.
- Labour and educational links underpin longer-term economic integration as nearly 60,000 Indians study in Germany, while India faces steep U.S. tariffs linked to Russian oil purchases.
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35 Articles
Appreciates Germany's Strong Advocacy for Closer India-EU Ties and Proactive Push for FTA: Jaishankar
Get latest articles and stories on World at LatestLY. External Affairs Minister S Jaishankar on Wednesday appreciated Germany's strong advocacy for closer India-EU ties and proactive push in concluding the FTA as he held talks with his German counterpart Johann Wadephul in the national capital, where the two sides also exchanged views on the Ukraine conflict and West Asia. World News | Appreciates Germany's Strong Advocacy for Closer India-EU Ti…
India asks Germany for help in search for EU free trade deal
Foreign Minister Johann Wadephul said in Delhi that while others, like the US, erected trade barriers, Germany and India should lower them. His Indian counterpart said "we're counting on your support" in EU trade talks.
India, Germany aim to double bilateral trade, take India-EU FTA to decisive conclusion: EAM Jaishankar
"We're also seeing a lot of volatility on the global economic landscape, and I think together, they make a very powerful case for India and the European Union (EU) and India and Germany to work much more closely with each other," Jaishankar said.
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