The economic and political relations between India and Israel can be described as excellent. Extensive strategic relations in the areas of business and the military prove this.
At present, a new economic area has been in the process of being established for years, which is seen as a challenge to the Chinese “Silk Road” project.
If the USA gets involved here, then this new economic area in India – Israel with a view to Europe has a future that is of great strategic relevance and clearly shifts the emphasis towards India and the democratic world away from China.
Learn all relevant to know about the Indian – Israel Bussiness Connections. The New Economic SuperSpace
For these reasons too, it is understandable that the USA wants to take Aza. How exactly is still open, of course. But the commitment to build Aza under US direction and to relocate all “Palestinians” is there. The USA would then have a foothold in this new economic super-area.
Against this background, it is not surprising that in the course of the coming week the largest Israeli business delegation, led by Minister Nir Barkat, will be leaving for India.
The Indian Express reported: “Israel’s Minister of Economy and Industry, Nir Barkat, is set to lead the country’s largest-ever multi-sector business delegation to India next week, aiming to bolster bilateral trade ties.
This marks Barkat’s third official visit to New Delhi, where he’ll meet with India’s Commerce and Industry Minister Piyush Goyal during his two-day trip starting Monday.
“This is the largest-ever multi-sector CEO-level delegation from Israel, with over 100 innovative Israeli companies from sectors like healthcare, energy, cybersecurity, defence and homeland security (HLS), agritech, smart mobility, water technology, food technology, and more,” officials told PTI.“
Participants of the Israeli delegation are among others the Israel Export Institute, the Federation of Israeli Chambers of Commerce, and The Manufacturers Association of Israel.
Some backgrounds according to the Indian Embassy in Israel: Since the establishment of diplomatic relations between India and Israel in 1992, bilateral trade and economic relations have progressed rapidly. From US$ 200 million in 1992 (comprising primarily of diamonds), merchandise trade has diversified and reached a peak of US$ 10.77 billion (excluding defense) in FY 2022-23, with Indian merchandise exports to Israel at US$ 8.45 billion and Israeli merchandise exports to India at US$ 2.32 billion. In FY 2023-24, the bilateral trade was US$ 6.53 billion (excluding defense) witnessing a decline due to regional security situation and trade route disruption.
Pic Ai-generated. Illustrative.