An agreement is necessary to unlock the full potential of economic ties between Germany and India, Friedrich Merz has said.<\/p>\n
Germany is hopeful that a trade deal between India and the European Union can be reached by the end of this month, Chancellor Friedrich Merz has said.
\nEuropean Commission President Ursula von der Leyen and European Council President Antonio Costa plan to travel to India at the end of January.
\nMerz said an EU-India deal was necessary to unlock the full potential of bilateral trade between New Delhi and Berlin, which now stands at $50 billion.
\n\u201cWe must not and do not want to leave this opportunity unused,\u201d the chancellor said on Monday, after talks with Indian Prime Minister Narendra Modi in Ahmedabad, referring to the proposed trade deal.<\/p>\n
\u2757\ufe0fPM Modi & Chancellor Merz Fly Kites At Sabarmati Riverfront, Ahmedabad pic.twitter.com\/T1S0Bkkj0W\u2014 RT_India (@RT_India_news) January 12, 2026 <\/p>\n
Last week, the EU signed a deal with the Mercosur bloc of South American countries after negotiations spanning more than 25 years. Merz called that deal an encouraging sign as talks between India and the EU for a trade deal have been ongoing for 18 years.
\nOn his first visit to an Asian country, Merz held talks with Modi. The two countries signed various agreements to enhance cooperation in the defense sector, skill development, health and education, as both nations seek to reduce dependence on China and bolster economic ties.
\nIndia signed three free-trade pacts last year and is in negotiations with a dozen countries or trade blocs.
\nNew Delhi is seeking to diversify from its largest trading partner and export market, the US, which slapped a 50% tariff on the South Asian nation. Half of the amount was a punitive levy for India\u2019s purchases of Russian oil.
\nTrade negotiations between the US and India will resume tomorrow, the US ambassador-designate said on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"
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