Union Minister Piyush Goyal and his Israeli counterpart Nir Barkat on Thursday signed the Terms of Reference (ToR) for a proposed Free Trade Agreement (FTA) between India and Israel.

Goyal said the signing marked the formal start of discussions on the FTA. His comments came during his visit to Tel Aviv, where he noted that Thursday’s agreement was the first step towards beginning official negotiations.

Goyal said, “The first step to initiate the discussions on the Free Trade Agreement (FTA) between India and Israel has been taken today. We signed the Terms of Reference today."

He added that he shares a strong working relationship with Israel’s Minister Nir Barkat, comparing it to the bond between Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu.

“Israel’s Mini

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