Israel Economy Minister Nir Barkat to Lead Largest Business Delegation to India

The Israeli Minister of Economy and Industry, Nir Barkat, is leading the biggest ever Israeli business delegation to India next week in the hope that it would further strengthen bilateral trade between the two nations. This marks the third official visit to New Delhi by Barkat since assuming office-the growing economic partnership between both nations.

Salient Points of the Visit

Two-day Visit: A delegation he is leading is scheduled to start a two-day visit to New Delhi on Monday, with the aim of firming up fresh avenues of trade and investment.
Bilateral Trade Talks: Barkat will meet India's Commerce and Industry Minister, Piyush Goyal, where the agenda will be the issue of increasing economic cooperation between the two countries.
Business Expansion: A visit for forging new ties between businesses of Israel and India in several fields like technology, defense, agriculture, and startups.

More on Developing India-Israel Trade Relations

The visit comes amidst efforts to enhance trade and investment between India and Israel, which have been on a high growth trajectory for some time. The two countries have been working towards deeper cooperation in innovation, cybersecurity, and renewable energy, making this visit of essence as far as future economic relations are concerned.

With this high-profile delegation, Israel and India are expected to discuss new trade agreements and business partnerships that will reinforce their strategic economic alliance.

Watch this space for more on this big diplomatic and business event.