India and Israel
♦ India and Israel have formally signed the Terms of Reference (ToR) to initiate negotiations for a Free Trade Agreement (FTA), marking a major step toward deepening bilateral economic cooperation. The ToR was signed in Tel Aviv by India’s Minister of Commerce and Industry Piyush Goyal and Israel’s Minister of Economy and Industry Nir Barkat. The signing sets the framework that will guide structured negotiations between the two nations. ♦ The launch of FTA talks is expected to boost cooperation across technology, innovation, trade, and investment, further deepening the strategic partnership between India and Israel.