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Benjamin Netanyahu's visit to India: Diamond trade, investments on agenda

Raw non-industrial diamonds figure significantly in bilateral trade

Benjamin Netanyahu, Narendra Modi
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Netanyahu’s visit is also expected to see considerable activity in defence

Subhayan Chakraborty New Delhi
Collaboration in diamond polishing and processing and improving Israeli investment in India are expected to be on the agenda during the four-day visit by Israeli Prime Minister, Benjamin Netanyahu, starting Sunday, an official said.

India will also push for increased trade and investment with Israel. Bilateral trade was $5.04 billion in 2016-17, rising 2.3 per cent in 2016-17 after four consecutive years of declines. 

The two-way trade involves $3.08 billion of exports and $1.96 billion of imports. Raw non-industrial diamonds figure significantly, contributing more than $1 billion to both imports and exports. 

India is the largest exporter of polished diamonds,

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