India and Israel fta: India, Israel Agreed To Start Free Trade Talks Starting Next Month
India and Israel on Monday agreed to begin free trade agreement (FTA) negotiations starting next month, with both sides relying on a long-awaited agreement in June next year.
“Our officials have actually agreed to restart free trade talks between India and Israel in November. They are very confident that we can end the talks next June,” Foreign Minister S Jaishankar said after meeting the Vice President. Minister and Minister of Foreign Affairs Yair Lapid.
Negotiations on a free trade agreement have been going on between the two parties for more than a decade, but this is the first time a specific deadline has been set that gives seriousness to the process.
Several notifications about the case have been sent from both sides over the years, but the deal is incomprehensible.
For his part, Lapid also stressed that the free trade agreement would be “concluded as soon as possible” in the interests of both the country and the economy.
“I hope to strengthen our national friendship more deeply,” he said, describing India as “one of our great partners, not only a strategic partner but also a partner.
“We have seen India as an important ally for many years,” Lapid said. “India also offers new opportunities for cooperation.”
The two ministers also discussed further cooperation in the fields of water and agriculture.
India and Israel fta: Israel has also joined the International Solar Alliance (ISA), an international initiative spearheaded by India, signed by Jaishankar and Israeli Energy Minister Karine Elharrar.
“First of all, let me say how great it is to see Israel join the International Sun Alliance. I think you bring a lot of value and as we approach COP 26, it is very important in our agenda of a growing and green., Green economy,” Jaishankar said.
“We understand that only international action will address the climate problem, guarantee the future of our children and loved ones,” Elharrar said after signing the agreement.
“Joining the ISA, along with more than 80 countries blessed with sunshine and sunshine, will enable Israel to contribute and benefit from the global struggle against climate change and work together for a greener future,” he said. Elharrar.
Former Israeli Prime Minister Benjamin Netanyahu in November last year said his country was India’s partner in finding less carbon and less pollution while attending an ISA digital conference at the personal invitation of Prime Minister Narendra Modi.
The ISA, which seeks to harness the power of the sun to control pollution and reduce its carbon footprint, is Prime Minister Modi’s initiative and is said to have included around 80 countries in its group.
To facilitate travel between countries in the COVID outbreak, India and Israel have also agreed to recognize joint vaccination certificates.
India and Israel helped each other during the COVID-19 pandemic, Lapid said. “This is the behavior of friends and acquaintances.”
Jaishankar, who arrived here on Sunday during his inaugural visit to the country, will also call on President Isaac Herzog and Prime Minister Naftali Bennett.
He will also hold talks with leading scholars from across Israel, business leaders and interact with the Indian Jewish community.
Jaishankar will also visit historical places with India and show his long presence in the region and his constructive role in shaping the history of the region.
India and Israel enhanced bilateral ties in strategic cooperation during Prime Minister Narendra Modi’s historic visit to Israel in July 2017.
Since then, relations between the two countries have focused on enhancing knowledge-based cooperation, which includes cooperation in innovation and research, including strengthening the “Make in India” initiative, the Foreign Ministry said in a statement before leaving.