On an official visit to Israel, Commerce and Industry Minister Piyush Goyal said the first phase of a potential India–Israel Free Trade Agreement (FTA) is expected to "kickstart benefits faster" for both economies. Speaking to CNBC-TV18 in Jerusalem, Goyal said New Delhi and Tel Aviv "have agreed to focus on low-hanging fruits" and "will get the sensitive issues off the table on both sides" to accelerate outcomes.
Goyal mentioned innovation and R&D as key drivers for future collaboration, noting that joint projects will be developed to combine Israel's technological strengths with India's scale and skilled workforce. India, he said, can offer "youthful, talented manpower" to support Israeli industry, while Israeli firms can leverage India as a platform for large-scale investment.
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