Amidst the financial tensions hovering over the countries, good news has come for two countries. India and Germany have announced that they will be able to complete their trade target of Euro 20 billion.

Anand Sharma, who is the Union Minister of Commerce Industry and Textiles, said that both the countries had decided that they will complete their trade target by 2012. Now, it seems quite possible that they will be able to accomplish their target.

"India and Germany have set a trade target of 20 billion euro to be achieved by 2012 and I am sure that we will be able to reach target", said Sharma. He announced the news after he met Dr. Phillipp Roesler, who is the Minister of Economic and Technology.

In addition, it has been found that main negotiators of the deal will be meeting in Brussels. The meeting will take place on 8th November, which is considered to be more important for India. Sharma said that they wanted some points to be included in the deal, so this deal is important for them.

For now, deal seems to be robust from both sides, said Sharma, who further affirmed that they have left the conclusion of the deal to chief negotiators.