During his historic visit to Israel that started with firm handshakes and hugs on 4 July 2017, the Prime Minister Narendra Modi said that common objective of his visit to the country is the economic prosperity of the two nations.
He also said that the two countries must resolutely oppose the evils of terrorism, radicalism and violence that plague our times. Modi said those who believe in humanity and civilised values must come together and defend it at all costs.
His Israeli counterpart Netanyahu, also, asserted that the two countries must stand together to fight the menace.
On the first day of his visit to Israel, Prime Minister Narendra Modi referred his visit to the Yad Vashem Holocaust memorial museum, shortly after his arrival in the day that the museum was “a tribute to your unbreakable spirit to rise above the depths of tragedy, overcome hatred and forge ahead to build a vibrant democratic nation.
Giving the pre-dinner press statement at Israeli Prime Minister Benjamin Netanyahu home in Jerusalem, PM Modi said, he wants to frame a relationship that transforms the landscape of economic engagements between the two nations.
Prime Minister Narendra Modi said that technology and innovation were important development priority of India which provides the scope to expand academic, scientific and business links with Israel.
Stating that India-Israel ties have seen rapid growth since the establishment of full diplomatic relations, Modi said: "Common objectives of economic prosperity, strong technology and innovation ties and the need to secure our societies define the space for convergent action between us. Over coming decades, we want to frame a relationship that transforms the landscape of our economic engagement."
He said that both the countries want to place a strong security partnership to safeguard peace, stability and prosperity. Modi said he will work with Netanyahu to build a clear action agenda to realise these objectives.
Speaking about the people to people linkages between the two countries Modi said his visit to Israel celebrates the ancient bond between the communities across both the nations. Modi added that Indian Jews are a living and vibrant connect to this shared history.
He said India is proud of Jewish sons and daughters of India.
On 5 July 2017, the Prime Minister Narendra Modi has a number of programmes lined up including his meeting with the Israel’s President Reuven Rivlin. The leader of opposition of Israel, Issac Herzog will also call upon the Prime Minister.
India and Israel are likely to finalise a number of MoUs and agreements. The Prime Minister will also address the Indian community in Tel Aviv later in the day.
NOTE: Prime Minister Narendra Modi is the first Prime Minister of India to visit Israel in 70 years. Modi is on a three-day official visit to Israel. This year marks the 25th anniversary of the establishment of diplomatic ties between the two countries.
India–Israel relations refer to the bilateral ties between India and Israel and the two countries enjoy an extensive economic, military, and strategic relationship.
The formal diplomatic relations between the two countries was established in 1992 and since then the economic relations between India and Israel have flourished. In 1992, the bilateral trade stood at $200 million and mainly consisted of diamonds. But by 2016, the figure had skyrocketed to $4.16 billion, excluding defence expenditure. In 2016, India accounted for 3.3 per cent of Israel's trade, with imports and exports including agriculture, machinery, textiles, and chemical and mineral products.
At present India is the largest buyer of Israeli military equipment and Israel is the second-largest defence supplier to India after Russia. Military and strategic ties between the two nations extend to intelligence sharing on terrorist groups and joint military training.
In addition, India in 1947 voted against the partition of Palestine and also stood against its induction as a United Nations member. It recognised Israel as the Jewish nation in 1950.
Who: India and Israel
When: 4 July 2017
Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018
Assam-NRC Draft can’t be basis of any action by any authority: SC
Government to soon introduce bill proposing death penalty for mob lynching
Ministry of Shipping issues new guidelines for improving treasury investment for Major Ports