India expects "strong political thrust" by Germany to EU FTA

Last Updated: Monday, April 8, 2013 - 17:22

New Delhi: Prime Minister Manmohan Singh will hold comprehensive talks, including on India-European Union FTA with German Chancellor Angela Merkel during his visit to Berlin from Wednesday with India hoping for a "strong political thrust" from Germany for early inking of the pact.

Singh will also clarify to the German leader the large number of steps and reforms process taken up by India to improve investment in the country, Foreign Secretary Ranjan Mathai said.

"We are of the view that early conclusion of India-EU agreement will open up new economic opportunities to both sides and certainly that applies to the way we approach our economic engagements with Germany.

"The negotiations have reached an advanced stage and in fact there will another round of negotiations on April 15 when it will be taken forward. We will certainly be discussing the matter with the German side. We expect a strong political thrust from Germany for an early conclusion of the agreement," the Foreign Secretary said while briefing the reporters on the three-day Prime Ministerial visit.

He said issue of taxes on automobiles were also being discussed at Brussels between the negotiators of the two countries.

Mathai said the Prime Minister, who will be co-chairing the second round of Inter Governmental Consultations with the German Chancellor, will utilise this opportunity to "clarify the steps taken by India to improve the investment climate in our country. And that the reforms process is on track."

He said that the two sides will also be entering into some bilateral pacts and the areas include education, green energy and science and technology.

Singh will be accompanied by a high-level delegation including Ministers of New and Renewable Energy, Science and Technology and Earth Sciences, Commerce, Industry and Textiles, External Affairs and Human Resource Development besides senior officials.

PTI

First Published: Monday, April 8, 2013 - 17:22

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