Indo-Israel trade to touch $10 bn; FTA to strengthen cooperation: Officials ...Middle East

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Indo-Israel trade to touch $10 bn; FTA to strengthen cooperation: Officials
source : Business Standard ( Middle East ) () 42
Indo-Israel trade will grow to USD 10 billion this year and a free trade agreement (FTA) is essential to strengthen the economic relations, visiting officials from the Jewish country said on Thursday. Direct flight connectivity will be established between more cities in India and Israel by the end of this year, they said. The country's Ambassador Naor Gilon said trade has grown by nearly 50 times since the establishment of full diplomatic ties between India and Israel in 1992. "We started at USD 200 million then and we are approaching USD 10 billion this year, Gilon said speaking at an India-Israel Business Summit here. The bilateral trade between the two countries grew to USD 8.09 billion,

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