Key Points

India's Commerce Minister Piyush Goyal met with German Foreign Minister Johann Wadephul in New Delhi to bolster economic ties. They discussed enhancing trade facilitation, regulatory frameworks, and market access between the two nations. The talks also covered potential collaboration in key sectors like defence, space, innovation, and automobiles. Both sides emphasized the importance of their strategic partnership, especially in the face of global geopolitical challenges.

Key Points: India Germany Discuss Trade FTA Deal and Strategic Partnership

  • Ministers discussed strengthening trade facilitation and market access
  • Explored collaboration in defence, space, and automobile sectors
  • Germany reaffirmed commitment to finalize EU-India FTA by 2025
  • Highlighted security cooperation and skilled workforce recruitment as key pillars
3 min read

India, Germany discuss strengthening trade facilitation, market access

Piyush Goyal and German FM Johann Wadephul strengthen trade ties, discuss EU-India FTA by 2025, and expand cooperation in defence, space, and innovation.

"India plays a decisive role in shaping the international order of our century. We as democracies are natural partners in this. - Johann Wadephul"

New Delhi, September 3

India's Commerce Minister Piyush Goyal on Wednesday co-chaired a meeting with the business delegations from India and Germany, along with Johann Wadephul, German Federal Minister for Foreign Affairs, here in the national capital.

The German foreign minister is on a two-day visit to India.

Taking to X, Piyush Goel shared that they discussed strengthening trade facilitation, regulatory frameworks, and market access.

"We also explored avenues of collaboration in defence, space, innovation and automobiles, underscoring the vast potential of our partnership," he added.

During the visit, German Foreign Minister Johann Wadephul reaffirmed his country's commitment to finalising the Free Trade Agreement (FTA) between India and the European Union as soon as possible.

India and the EU aim to conclude the ambitious FTA by the end of 2025.

This visit further fortifies the India-Germany Strategic Partnership, which marks 25 years since its inception.

Yesterday, the German Foreign Minister arrived in Bengaluru, where he visited the Indian Space Research Organisation (ISRO) before leaving for Delhi.

Ahead of his visit, he underscored the vital role India plays as a key partner in the Indo-Pacific region and on the global stage.

In a series of posts on X, Wadephul emphasised the close political, economic, and cultural ties between Germany and India, describing the expanding strategic partnership as having significant potential.

He also highlighted areas such as security cooperation, innovation, technology, and skilled workforce recruitment as key pillars of the bilateral relationship.

"India is a key partner in the Indo-Pacific. Our relations are close - politically, economically, culturally. The expansion of our strategic partnership has much potential: from security cooperation to innovation and technology to recruiting skilled workers," Wadephul said.

"India's voice, that of the world's most populous country and largest democracy, is also heard beyond the strategically important Indo-Pacific region. That is why I am travelling today for talks to Bangalore and New Delhi," he added.

The German Foreign Minister also emphasised the natural alliance between democracies like Germany and India, particularly in the face of growing geopolitical challenges.

"India plays a decisive role in shaping the international order of our century. We as democracies are natural partners in this. In view of massive geopolitical challenges, we want and must preserve the rules-based international order together," he concluded.

Germany is one of India's most valued partners in Europe. The two countries share a strong strategic partnership, which has grown steadily over the decades since the establishment of diplomatic relations in 1951. In March 2021, both sides marked 70 years of diplomatic ties.

- ANI

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Reader Comments

P
Priya S
Finally some positive diplomatic news! Germany recognizing India's importance in Indo-Pacific is significant. Hope this translates into more job opportunities for our skilled workforce in German companies.
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Rohit P
The FTA with EU by 2025 deadline seems ambitious but achievable. German support will be crucial. Hope our negotiators ensure fair terms for Indian farmers and small businesses. We've seen how previous FTAs affected local industries.
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Sarah B
As someone working in automotive sector, collaboration in innovation and technology is much needed. German engineering combined with Indian software capabilities can create world-class products. Exciting times ahead!
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Vikram M
Good to see space cooperation mentioned! ISRO has made incredible progress and partnering with German space agencies could accelerate our space programs. Maybe we'll see joint missions to Moon or Mars soon? 🚀
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Michael C
While the partnership sounds promising, I hope our government ensures that technology transfer is part of the deal. We shouldn't just be a market for German products but also gain technical knowledge and manufacturing capabilities.
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Ananya R
25 years of strategic partnership! Time flies. Remember when German companies were hesitant about India. Now they're our 4th largest trading partner in EU. This relationship has come a long way and has so

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