Particle.news

Download on the App Store

Germany Backs Faster IndiaEU Trade Deal as Jaishankar, Wadephul Target Bigger Commerce

The push reflects a shared effort to reduce trade uncertainty through a faster EU deal.

Overview

  • After talks in New Delhi, S. Jaishankar said India wants EU FTA negotiations to reach a decisive conclusion soon, and Johann Wadephul said Germany would put its full weight behind the agreement.
  • Both sides signaled intent to substantially expand bilateral trade, with India welcoming Berlin’s confidence about doubling commerce from current levels.
  • Jaishankar pledged special attention to concerns raised by German companies and reiterated efforts to improve the ease of doing business in India.
  • Cooperation priorities were flagged in space, semiconductors, green hydrogen and innovation following Wadephul’s visits to ISRO and IISc in Bengaluru.
  • Piyush Goyal met Wadephul and co-chaired a session with business delegations that focused on market access, regulatory frameworks and investment facilitation.