New Delhi, Sept. 23 -- Germany expects the India-European Union Free Trade Agreement (FTA) to be signed by the end of this year and believes the pact has significant potential to boost trade and investment between India and the EU, German Ambassador to India Jasper Wieck said on Wednesday.

Speaking to ANI, the German Ambassador said Berlin had consistently supported the conclusion of the long-pending negotiations, which were concluded earlier this year.

"These negotiations have gone on for 20 years, and Germany has always been a promoter for signing this deal. So, we are extremely happy that finally the negotiations have been concluded at the beginning of this year," he told ANI.

The Ambassador said Germany expects the agreement to be ...