Israel and India ink bilateral investment deal

(TIMES OF ISRAEL) Israel and India signed a bilateral agreement last week to facilitate mutual investment flows and encourage economic cooperation and trade between the two countries.

The bilateral investment agreement was signed in New Delhi in the presence of Israeli Finance Minister Bezalel Smotrich and his Indian counterpart Nirmala Sitharaman to bolster investor confidence and support smoother financial interactions between the two nations.

The two finance heads agreed to advance economic cooperation in the fields of innovation, infrastructure development, financial regulation and digital services trading.

“This is a strategic step that will open new doors for both Israeli and Indian investors, strengthen Israeli exports and provide businesses on both sides with certainty and tools to develop in the world’s fastest-growing markets,” said Smotrich.

“India is a growing economic power, and cooperation is a tremendous opportunity for Israel.”