Israel, India sign investment deal as Smotrich welcomed in New Delhi
India and Israel have strengthened their economic partnership with the signing of a new investment agreement during the visit of Israeli Finance Minister Bezalel Smotrich to New Delhi. The deal aims to expand bilateral trade, encourage cross-border investments, and deepen cooperation in sectors such as technology, energy, and infrastructure. Smotrich was formally welcomed by Indian officials, marking a significant diplomatic step as the two nations look to enhance ties beyond defense and agriculture, where collaboration is already strong. The agreement is seen as part of a broader strategy by both governments to boost economic resilience and create new opportunities for businesses in emerging markets. India has positioned itself as a key destination for foreign investments, while Israel seeks to diversify its trade partnerships in Asia.
The Key points
- Focus areas include technology, renewable energy, and infrastructure projects.
- The deal is aimed at boosting bilateral trade and investments.
- Indian officials formally welcomed Smotrich for high-level discussions.
- Israel aims to strengthen its trade presence in Asian markets.
- The agreement highlights mutual goals of sustainable growth.
- The visit reinforced India-Israel strategic and diplomatic relations.
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