<h1>India and Germany Set 20 Billion Euro Trade Goal for 2012; Ongoing Talks on India-EU Trade Agreement.</h1> India and Germany aim to achieve a trade target of 20 billion euros (USD 26.16 billion) by the end of 2012, with trade between the two countries reaching USD 23.566 billion in 2011. The Union Minister of Commerce, Industry, and Textiles stated that efforts from both sides could help meet or exceed this target. Additionally, discussions on the India-EU Broad-based Trade and Investment Agreement (BTIA) are ongoing, with a focus on a balanced agreement. Concerns about India's compulsory licensing of a cancer drug were addressed, affirming compliance with international commitments. German FDI in India is USD 4.9 billion, while Indian FDI in Germany is USD 5.9 billion.