India and Germany aim to double trade volume, says Wadephul
Investing.com -- German Foreign Minister Johann Wadephul expressed optimism about doubling the trade volume between Germany and India from its current level of 31 billion euros ($36.29 billion) during his visit to New Delhi on Wednesday.
"I am glad that you are as optimistic about the prospects as I am," Wadephul said while addressing Indian Foreign Minister Subrahmanyam Jaishankar.
The German minister also indicated that a free trade agreement between India and the European Union could be finalized in the coming months.
Wadephul advocated for reducing trade barriers, stating, "If others put up trade barriers, then we should respond by lowering them."
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