Is Piyush Goyal Visiting Israel for Trade Talks and FTA Review?
Synopsis
Key Takeaways
- Piyush Goyal's visit is from November 20-22.
- Focus on enhancing trade and investment ties.
- Review of the proposed India-Israel Free Trade Agreement.
- Engagement with senior Israeli officials.
- Participation in the India-Israel Business Forum.
New Delhi, November 19 (NationPress) Highlighting the increasing strategic and economic collaboration between India and Israel, Commerce and Industry Minister Piyush Goyal is set to embark on a visit to Israel from November 20-22, as stated in an official announcement.
Accompanied by a delegation of 60 business leaders, arranged by CII, FICCI, Assocham, and Startup India, Goyal's visit is at the invitation of Israel's Minister of Economy and Industry, Nir Barkat.
The minister is anticipated to engage in high-level bilateral discussions with key Israeli officials, including meetings with additional ministers beyond Barkat.
Topics of discussion will likely include enhancing trade and investment relations, fostering cooperation in critical industries such as agriculture, water management, defense, emerging technologies, life sciences, infrastructure, and advanced manufacturing, alongside exploring avenues for increased collaboration between businesses from both nations, particularly startups.
Additionally, the progress of the proposed India-Israel Free Trade Agreement (FTA) will be evaluated, as noted in the statement.
Goyal will also take part in the India–Israel Business Forum, which will feature prominent business associations and industry representatives from both countries.
The Forum is set to include opening and closing plenary sessions, technical discussions, and structured B2B interactions aimed at broadening commercial partnerships, boosting investments, and identifying opportunities for joint ventures in priority sectors.
The fourth edition of the high-profile CEOs Forum will also take place, featuring distinguished CEOs from both nations.
Moreover, Goyal is expected to meet with senior executives from major Israeli firms specializing in agriculture, desalination, wastewater treatment, cybersecurity, smart mobility, and infrastructure, along with interactions with leading Israeli investors.
Alongside official activities in Tel Aviv, the itinerary includes visits to prominent institutions and innovation hubs, providing insights into Israel's cutting-edge technological landscape.
The visit signifies the deepening strategic and economic ties between India and Israel, reflecting a mutual commitment to enhance bilateral cooperation across trade, technology, innovation, and investment.