India and Israel Sign Landmark Bilateral Investment Agreement
India and Israel have reached a significant milestone in their bilateral relations by signing a new investment agreement in New Delhi. The pact, formalized by finance ministers Nirmala Sitharaman and Bezalel Smotrich, is designed to strengthen economic ties through increased collaboration and mutual investment. This agreement not only aims to encourage cross-border investments and provide enhanced legal protections for investors, but also paves the way for deeper cooperation in strategic sectors, particularly cybersecurity and defense. Israel becomes the first OECD country to sign such an agreement with India under its updated framework, highlighting the growing partnership and shared commitment to innovation, security, and economic growth between the two nations.
India and Israel have signed a landmark bilateral investment agreement in New Delhi aimed at strengthening economic cooperation and boosting mutual investments. The treaty, formalized by Finance Minister Nirmala Sitharaman and her Israeli counterpart Bezalel Smotrich, is designed to encourage reciprocal investments and lay the foundation for deeper collaboration in cybersecurity, defense, innovation, and high technology. Key provisions include stronger investor protections, independent arbitration for disputes, and safeguards against expropriation, all of which aim to foster investor confidence and streamline cross-border financial flows.
This agreement is expected to pave the way for new joint ventures and commercial partnerships, boost bilateral trade—which currently totals close to $4 billion annually—and further integrate Israeli technology and expertise, especially in strategic sectors like defense and cybersecurity. The move is regarded as a historic milestone, as Israel becomes the first OECD country to sign such an agreement with India under its new investment framework, reflecting both nations’ commitment to enhanced cooperation in innovation, infrastructure development, and digital services trade. The partnership promises to reinforce both countries' economies and open new opportunities for business and technological advancement.
India and Israel have signed a landmark bilateral investment agreement in New Delhi aimed at strengthening economic cooperation and boosting mutual investments. The treaty, formalized by Finance Minister Nirmala Sitharaman and her Israeli counterpart Bezalel Smotrich, is designed to encourage reciprocal investments and lay the foundation for deeper collaboration in cybersecurity, defense, innovation, and high technology. Key provisions include stronger investor protections, independent arbitration for disputes, and safeguards against expropriation, all of which aim to foster investor confidence and streamline cross-border financial flows.
This agreement is expected to pave the way for new joint ventures and commercial partnerships, boost bilateral trade—which currently totals close to $4 billion annually—and further integrate Israeli technology and expertise, especially in strategic sectors like defense and cybersecurity. The move is regarded as a historic milestone, as Israel becomes the first OECD country to sign such an agreement with India under its new investment framework, reflecting both nations’ commitment to enhanced cooperation in innovation, infrastructure development, and digital services trade. The partnership promises to reinforce both countries' economies and open new opportunities for business and technological advancement.