Strengthening India-Israel Ties Through Shared Democratic Values: Minister
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Synopsis
In a recent forum, Union Minister Piyush Goyal highlighted the evolving India-Israel partnership based on shared values of democracy and economic resilience. He emphasized India's commitment to a robust economy by 2047, its zero-tolerance policy on terrorism, and the significance of digital transformation in various sectors.
Key Takeaways
- India aims to be a $30-35 trillion economy by 2047.
- Partnership with Israel is rooted in shared democratic values.
- Emphasis on technological advancements and digital transformation.
- India's commitment to global peace and a zero-tolerance policy on terrorism.
- Strong government-to-government collaboration between India and Israel.
New Delhi, Feb 12 (NationPress) Reinforcing India’s goal to evolve into a $30-35 trillion economy by 2047, Union Minister of Commerce and Industry, Piyush Goyal, spotlighted the expanding India-Israel partnership, anchored in shared values of democracy, economic resilience, and technological innovation. He also reiterated India’s zero-tolerance stance on terrorism and its dedication to global peace and security.
During the opening session of the India-Israel Business Forum and the third India-Israel CEO Forum in New Delhi, Goyal outlined the ten fundamental strengths represented by the 10 Ds that characterize India’s economic potential.
These strengths are: Democracy – Equal opportunities for all; Demographic Dividend – A youthful and skilled workforce; Diversity – A multifaceted economy with vast prospects; Digitisation – Rapid technological advancement; Decarbonisation – Commitment to a sustainable economy; Determination – An innovative workforce; Development – A solid policy framework for growth; Dependability – A reliable global partner; Decisive Leadership – Bold economic reforms; and Demand – A flourishing domestic market.
Goyal also emphasized India’s digital capabilities and how the nation has swiftly transitioned to digital platforms in sectors like agritech and education.
He noted that inclusive growth paves the way for new opportunities that foster the development of all regions in India and highlighted that Israel can regard India as a trustworthy partner, especially in light of India’s commitments during the pandemic.
Nir Barkat, Israel’s Minister of Economy and Industry, remarked that the delegation for the India-Israel Business Forum was the largest mission ever sent to any country from Israel.
“I wish to highlight the special camaraderie between Prime Minister Modi and Prime Minister Netanyahu over the years, fostering strong government-to-government collaboration,” he said.
Barkat also pointed out the significance of the India–Middle East–Europe Economic Corridor (IMEEC), asserting that the India-Israel Business Forum creates a platform to facilitate this initiative.
The India-Israel CEO Forum facilitated strategic dialogues among industry leaders, policymakers, and investors, focusing on enhancing business and trade relations between India and Israel.
Avi Balashnikov, Chairman of the Board at the Israel Export Institute, stated, “People sometimes refer to big India and small Israel, but when I look, I see two giants: India is vast in size and scale, while Israel excels in innovation.”
The Confederation of Indian Industry (CII) and the Federation of Indian Chamber of Commerce and Industry (FICCI), in partnership with the Department for Promotion of Industry and Internal Trade (DPIIT) and the Embassy of Israel, successfully organized these events, reinforcing the profound economic and strategic partnership between the two nations and unlocking new avenues for trade, investment, and technological collaboration.
