"We are committed to expanding trade, strengthening investment flows and promoting joint infrastructural development. Modi added that an investment treaty signed between India and Israel last year will provide confidence and predictability for businesses in both India and Israel. We will also work closely in different formats, such as the India-Middle East-Europe Economic Corridor and the I2U2 frameworks between India, Israel, UAE and the US."
"Modi said India and Israel are trusted partners and this contributes to global stability and prosperity. After this, the Indian leader gave a history of Jewish people in India and of the relationship between India and Israel, which has improved exponentially since 2014 when Modi came to power."
Prime Minister Narendra Modi delivered a speech to the Israeli Knesset in Jerusalem, marking the first day of his two-day visit. Modi highlighted the exponential improvement in India-Israel relations since 2014 and expressed solidarity with Israel following the October 7 Hamas attacks. He emphasized that India and Israel are trusted partners contributing to global stability and prosperity. Modi outlined India's commitment to expanding bilateral trade, strengthening investment flows, and promoting joint infrastructural development. He referenced an investment treaty signed between the two nations and highlighted multilateral cooperation frameworks including the India-Middle East-Europe Economic Corridor (IMEC) and the I2U2 initiative involving India, Israel, the UAE, and the United States.
#india-israel-relations #economic-corridors #multilateral-cooperation #imec-and-i2u2 #trade-and-investment
Read at www.aljazeera.com
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