In a move aimed at enhancing the bilateral economic ties, India and Germany will set up a hotline facility for speedy resolution of business visa related issues.
The decision was taken during the meeting between Commerce and Industry Minister Anand Sharma and German Federal Minister of Economics and Technologies Rainer Brderle in Berlin, it said.
Sharma is leading a business delegation of Ficci to Germany. Leaders from the two countries discussed ways to enhance engagement in areas like knowledge sector, science, energy, manufacturing and infrastructure.
Both sides also agreed on cooperating in multilateral fora on combating protectionist tendencies that have emerged recently.
Ficci said the bilateral trade can increase to 20 billion euros by 2012 from the current 13 billion euros if the proposed trade pact with the 27-nation bloc, European Union is concluded expeditiously.
Germany is the largest member of the EU.
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