Prime Minister Narendra Modi’s visit to Israel has sent a clear signal to businesses on both sides: the India–Israel economic relationship is entering a faster, more consequential phase, with a long-awaited Free Trade Agreement (FTA) expected to be signed soon.
According to Anat Bernstein-Reich, President of the Israel-Asia Chamber of Commerce, the heads of terms for the FTA are already in place and a formal agreement could be concluded within the next month.
The FTA is expected to expand cooperation well beyond defence, encompassing industry, education, agriculture and advanced technologies. Bernstein-Reich highlighted agriculture as a proven success story, with around 40 Israeli Centres of Excellence already operating in India to transfer farming technologies. Plans are now being discussed to scale this network to 100 centres across multiple agricultural domains.
