New Delhi.In the high-level meeting held between Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu, many important decisions were taken to give a new direction to the trade and cooperation between the two countries. Senior officials were also present at the delegation level in this talk and discussions were held on strengthening partnership in many areas.
trade and free trade deals
During the meeting, India and Israel emphasized on the process of finalizing the free trade deal. Both countries want to implement this agreement soon, which will increase investment and export opportunities. This deal will encourage cooperation in important areas like agriculture, technology and innovation and will benefit the businessmen of both the countries.
Agricultural and Technical Cooperation
Prime Minister Modi said in the meeting that both the countries will together develop new solutions in agriculture. Apart from this, attention will also be given to setting up centers of innovation and excellence in rural areas. This initiative will promote technological research and open new opportunities for farmers.
Cooperation in defense and security sector also
Along with trade, a consensus has also been reached on defense and security. Both countries will work towards sharing advanced technology and strengthening security cooperation. This will further deepen the strategic partnership between the two countries.
What are your big plans for the future?
Prime Minister Modi said that joint efforts will continue in the civil nuclear energy and space sectors also. This step will further strengthen the strategic and economic relations between the two countries. The business scenario of India and Israel may change with the implementation of the Free Trade Deal. The new agreement will increase investment opportunities, strengthen partnerships in industries and open new avenues of economic benefits for both the countries.
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