Speaking of a deal between India and Israel. Speaking

Speaking
later, Prime Minister Narendra Modi said, “We have developed our
partnerships now. We can continue further on our way”. In India,
which has given new dimensions to foreign investment, Israel
companies are able to achieve more, he added.

Israel’s
investment in India is expected to grow substantially as a result of
new agreements with a net inflow of Rs. 31,762 crore in the fiscal
year of 2011-12, which could further increase.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

Indian
Oil and metal-air batteries in Israel Phinergy Ltd. signed a letter
of intent for cooperation in the region.

A
memorandum of intent investment opportunities, relevant laws and
regulations, policies and government initiatives to support and
develop cooperation between the two sides through the exchange of
information and Invest India signed between Invest in Israel.

This
is through a memorandum of understanding , both in the upstream
sector of the oil and gas activities, including collaboration, to
increase the long-term cooperative engagements in the field of
bilateral relations and joint economic projects looking to explore
opportunities, research and development and technology; mutually
beneficial collaboration of universities and research and to promote
institutional linkages between the growth of the organization; and
start-ups in the region.

Trade
Commissioner Ohad Cohen, Israel’s finance ministry, said that free
trade would be possible between the two countries as a result of a
deal between India and Israel.

Speaking
at a joint press conference, after the agreement, Modi said, “The
new agreement will further strengthen the foundations of the two
countries”, Israel Prime Minister, described India as the “new
moon” in Israel affiliation.

These
agreements also include joint ventures for oil and natural gas,
national security, cyber security, mutual cooperation in agriculture
and technology, investment in Indian cinema, change in protocols in
both countries and airports, and terrorism suppression.

These
important agreements were signed after a meeting with Prime Minister
Narendra Modi and Israel Prime Minister Benjamin Netanyahu, both
cabinet ministers, officials and king-technical specialists.

New
Delhi
: The Prime Minister of Israel, Benjamin Netanyahu’s on his two-day
visit to India on Monday signed 9 agreements, including natural gas,
national security and cyber security.