Israel’s Minister of Economy and Industry Nir Barkat on Thursday described India as a “huge giant” and an emerging “great power”, asserting that there is “huge potential” for deeper economic collaboration between the two nations after signing the Terms of Reference (ToR) to fast-track negotiations for a Free Trade Agreement (FTA).

Speaking to reporters shortly after the signing ceremony, Barkat, who held extensive talks with Union Commerce and Industry Minister Piyush Goyal, praised the personal chemistry between the two leaders, noting that Israel views India not only as the world’s most populous market but also as a strategic gateway to the entire Asian continent.

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“India is waking up as a huge giant. India of tomorrow is a great power. We want to join a venture with Indi

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