New Delhi, July 29 -- German Ambassador to India Philipp Ackermann on Tuesday hailed the upcoming India-European Union Free Trade Agreement (FTA) as a major milestone, stating that the pact will heavily transform economic relations and boost commercial activities between the two regions.

Speaking to ANI following a press conference of the German Embassy in New Delhi, Ambassador Ackermann highlighted that the implementation of the agreement will serve as a catalyst for cross-border commerce.

"It will be a game changer in many ways," Ackermann said on the expected impact of the trade deal, noting that it will "lead to more German investment in India and maybe also to more Indian investment in Germany."

The Ambassador emphasised that slas...