will raise israel-india free trade agreement issue with pm modi: israeli foreign minister eli cohen
Israeli Foreign Minister Eli Cohen on Tuesday said he would raise the issue of an Israel-India free trade agreement (FTA) with Prime Minister Narendra Modi during his “call on” today.
India and Israel have been working on it and Cohen said the early signing of the agreement would help in ensuring that the bilateral trade would double to $20 billion in the next five years. Cohen added that India and Israel are strategic partners and the objective was not to “compete but to complete.”
The Middle-east, he said, could be a gateway to the west, in terms of trade and Haifa, in Israel, currently controlled by the Adani Group, could help in shipments. Israel wants closer cooperation with India in water technology and wants Indians to work in Israel and also study there, particularly in the STEM subjects.
Prime Minister Benjamin Netanyahu of Israel has plans to visit India later this year. India and Israel share close relations in the defence and counterterrorism sectors. Defence cooperation also includes working together on new technologies.
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