FTA Negotiations Progress
The External Affairs Minister, on Wednesday, expressed a desire for a 'decisive conclusion' to the ongoing FTA negotiations with the European Union. The discussions
focused on boosting bilateral ties in several sectors, indicating a broad scope for collaboration. The goal is to finalize the agreement soon.
German Support Received
During discussions, Germany showed strong support for the India-EU FTA. German officials expressed their commitment to assist India in finalizing the agreement. Germany is also keen on collaborating with India in the semiconductor sector, highlighting their mutual interests.
Economic Cooperation Goals
Germany aims to double its trade with India, showcasing a strong commitment to economic growth. The talks addressed export control issues, demonstrating a shared understanding of trade practices. The strengthening economic partnership is a central focus.
Future Collaboration Areas
India and Germany are looking forward to cooperating in the green hydrogen sector. Jaishankar emphasized the importance of the India-Germany relationship, noting its significant growth. This expansion signals a robust, multifaceted partnership.
