New Delhi, Sep 08 (ANI): German Foreign Minister Frank-Walter Steinmeier who is presently in India on a three-day visit, on Monday said that it is a chance for Germany for giving a new impetus to Indo-German economic relations. Talking to mediapersons, he said that both the countries should not just look at economic ties, but also develop cultural ties. He also conveyed condolences over the loss of lives in JandK floods.