India-Israel Trade Agreements: FAQs
Q: Are there any Free Trade Agreements (FTAs) between India and Israel?
A: As of today, March 2024, there is no finalized FTA between India and Israel. Negotiations for a comprehensive FTA began in 2007 but haven’t been concluded yet.
Q: What are the areas of focus for the potential FTA?
A: Discussions for the FTA have centered around sectors like information technology, biotechnology, pharmaceuticals, agriculture, and water management.
Q: Is there any trade cooperation between India and Israel currently?
A: Yes, though there’s no FTA, India and Israel have strong economic ties. They collaborate through various Memorandums of Understanding (MoUs) on sectors like innovation, technology, water, agriculture, and space.