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Israel Seeks to Broaden Free Trade Agreement with India.
Apr 20, 2023

Barkat was speaking at the Confederation of Indian Industry's India Israel Business Forum in Delhi. He is bringing a delegation of Israeli businessmen to India for a series of talks with business and government figures. Barkat stated that the Israel-India FTA will be discussed with Indian ministers later on Monday.
 
'The FTA should cover a wide range of topics, including Agrotech and health care. India's economy is growing to become the world's third largest. What I see here is a huge mutual opportunity, and we're here to take advantage of it,' Barkat explained.
 
'Take a look at the chip industry; Israel is very strong in this industry and has a lot to offer. We should take a serious look at how to co-develop ideas; there are a lot of joint ventures here,' he said, emphasizing the need of pushing for semiconductors, which are included in almost every modern electrical product.
 
'We are going to focus on issues and business clusters in which Israel has a competitive advantage, one of which I found that there is interest here, which we call desert technologies to improve quality of life in deserts, managing water, creating water, saving water, creating energy from the sun from the wind in a distributed way, and that tailors to deserts food production agrotech creating food from the sea using hydroponics.'
    
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