New Delhi: Commerce and industry minister Piyush Goyal will travel to Berlin on Thursday to reinforce India\u2019s economic and trade partnership with Germany, Europe\u2019s largest economy and one of the world\u2019s most influential industrial hubs, the commerce ministry said in a statement on Wednesday.<\/p>\n
For India, closer engagement with Berlin is seen as vital not only to boost bilateral investment but also to advance the ongoing India-European Union (EU) free trade agreement (FTA) negotiations that have gained traction in recent months.<\/p>\n
The visit coincides with the 25th anniversary of their strategic partnership, a time when both countries are increasingly focused on diversifying global supply chains and expanding sustainable manufacturing linkages.<\/p>\n
Germany<\/a> holds a pivotal position on the global trade map\u2014as a key architect of EU trade policy, a leader in high-end engineering and automotive technologies, and a crucial investor in emerging markets.<\/p>\n During the visit, Goyal will hold bilateral meetings with federal minister for economic affairs and energy Katherina Reiche and Dr. Levin Holle, economic and financial policy advisor at the Federal Chancellery and Germany\u2019s G7 and G20 Sherpa, the ministry said in a statement.<\/p>\n \u201cDiscussions will focus on expanding cooperation in renewable energy, advanced manufacturing, and technology-driven sectors,\u201d the ministry added.<\/p>\n The minister will also meet Luxembourg\u2019s deputy prime minister and minister of foreign affairs and trade, Xavier Bettel, to review bilateral trade<\/a> relations and discuss Luxembourg\u2019s forthcoming state visit to India.<\/p>\n As part of his visit, Goyal will participate in the Berlin Global Dialogue (BGD), an annual forum bringing together business and government leaders to debate shifts in the global economic order.<\/p>\n