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Germany Set to Sign $8 Billion Submarine Deal With India, Envoy Says

Source: Bloomberg

Geopolitics & WarInfrastructure & DefenseTrade Policy & Supply Chain

Germany is prepared to sign an estimated $8 billion submarine-building agreement with India, according to envoy Jasper Wieck. The prospective defense deal would deepen bilateral security ties amid geopolitical uncertainty and could provide a significant boost to Germany's defense industrial base and India's naval modernization.

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