German chancellor Angela Merkel has sealed a trade deal with Indian prime minister Modi. India has agreed to fast-track business approvals to make it easier for German companies to operate in one of the world's fastest-growing economies.
Israel and India are trying to build on growing ties as they expand cooperation in multiple fields. But for India, overtly expanding relations involves a balancing act.
Angela Merkel's CDU and the SPD have agreed on a blueprint for formal grand coalition negotiations. The left wing of the Social Democrats appears to have been forced into the most concessions.
A stalled free trade agreement between India and the European Union, its largest trading partner, was given new life. Still many issues like intellectual property rights remain to be spelled out.
At a press conference, the leaders of Germany and India have said that the countries' relationship is of "international significance." But ongoing talks are emphasizing how best to beef up business ties.
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