What Did Israeli Finance Minister Bezalel Smotrich Discuss with Gujarat CM?

Synopsis
Key Takeaways
- Strengthening bilateral ties: The meeting focused on enhancing relations between India and Israel.
- Business opportunities: Potential for Israeli financial institutions in GIFT City.
- Collaboration in agriculture: Emphasis on Israel's drip irrigation technology.
- Counter-terrorism partnership: Strengthened through personal ties between leaders.
- Investment exploration: Joint teams to identify opportunities for cooperation.
Gandhinagar, Sep 10 (NationPress) During his inaugural trip to India, Israel’s Finance Minister Bezalel Smotrich engaged with Gujarat Chief Minister Bhupendra Patel in Gandhinagar, highlighting the strengthening ties between the two nations.
Leading a delegation, Smotrich emphasized that India, Gujarat, and Israel share significant intersections in heritage, culture, trade, and technology, advocating for deeper connections in the future.
He expressed a long-standing desire to visit Gujarat, the home state of Prime Minister Narendra Modi, and pointed out the potential for enhancing business-to-business collaborations.
Smotrich illustrated the opportunity for Israeli financial institutions to establish a presence at the Gujarat International Finance Tec-City (GIFT City), while expressing enthusiasm for India's Unified Payments Interface (UPI) and financial frameworks.
He commended India’s unwavering support for Israel, noting that the close personal rapport between PM Modi and Israeli Prime Minister Benjamin Netanyahu has fortified their alliance, particularly in counter-terrorism efforts.
Chief Minister Patel welcomed Smotrich’s delegation, noting that India-Israel relations have flourished under PM Modi’s guidance, founded on a mutual policy of zero tolerance towards terrorism. Patel highlighted Gujarat’s readiness to partner with Israel across various sectors, particularly in agriculture, where Israel’s drip irrigation technology has gained global recognition.
Regarding GIFT City, Patel suggested forming a collaborative team from both nations to explore further investment opportunities.
Patel also conveyed condolences for the recent tragedies in Israel, praising the nation’s resilience in overcoming challenges.
The meeting included senior officials from the Gujarat government, such as Chief Principal Secretary to the CM M.K. Das and Finance Secretary Arti Kanwar.
India and Israel maintain a robust and expanding partnership grounded in shared interests in defense, technology, agriculture, and finance, with ties particularly strengthening under PM Modi’s leadership.
The two countries collaborate extensively on counter-terrorism, water management, and innovation, with Israeli expertise in areas like drip irrigation and cybersecurity complementing India’s extensive markets and skilled workforce.
The personal connections between PM Modi and PM Netanyahu have further bolstered political trust, paving the way for increased business interactions, investment in hubs like GIFT City, and a broader strategic alignment blending economic cooperation with shared security concerns.