Current Affairs - International - Discussion

India signed the Terms of Reference with Israel to begin negotiations for a comprehensive Free Trade Agreement aimed at strengthening economic cooperation, boosting trade in goods and services, and enhancing investment flows. The agreement sets a structured framework for discussions on market access, technology collaboration, regulatory alignment, and innovation partnerships. Both nations seek to leverage complementary strengths—India’s large consumer base and manufacturing capabilities, and Israel’s advanced expertise in fields like agritech, cybersecurity, and water technology. The initiative is expected to foster deeper commercial ties, encourage cross-border innovation, and contribute to more resilient supply chains within an evolving global economic landscape.