Israeli Finance Minister Bezalel Smotrich traveled to New Delhi on Monday to sign a bilateral investment agreement (BIA) with Indian Finance Minister Nirmala Sitharaman.

The Israeli Finance Ministry hailed the agreement as a “significant milestone in Israel-India relations.”

“This is a strategic step that will open new doors for both Israeli and Indian investors, strengthen Israeli exports, and provide businesses on both sides with certainty and tools to develop in the world’s fastest-growing markets,” Smotrich said.

“India is a developing economic powerhouse, and cooperation with it is a tremendous opportunity for the State of Israel,” he added.

“The agreement we signed expresses our shared vision for innovative and secure economic development. This is not only an opportunity for our

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