India-Israel free trade agreement talks to gather pace next month

Talks between India and Israel to explore the possibility of a free trade agreement (FTA) are expected to gain momentum as early as next month, people aware of the matter said.

Discussions and negotiations for an FTA with Israel have been going on for over a decade. However, over the last six months, leaders from both nations have shown enough interest to resume talks to expand bilateral trade ties.

After preliminary discussions between the countries at the end of last year, the process of exchanging items of interest, trade and tariff data had started. “Preliminary discussions had started, but the outbreak of