India and Israel Sign Bilateral Investment Agreement to Boost Economic Ties
ECONOMY & POLICY

India and Israel Sign Bilateral Investment Agreement to Boost Economic Ties

The Government of India and the Government of Israel signed a Bilateral Investment Agreement (BIA) in New Delhi today, marking a significant milestone in strengthening economic relations between the two nations. The agreement was signed by Union Finance Minister Smt. Nirmala Sitharaman and Israel’s Finance Minister HE Bezalel Smotrich.

The signing ceremony was attended by senior officials from both governments. The BIA is expected to encourage bilateral investments, provide greater certainty for investors, and promote trade by ensuring transparent regulations, safeguards against expropriation, smooth transfers, compensation mechanisms, and independent arbitration for dispute resolution.

Finance Minister Sitharaman highlighted India’s reforms over the past decade that have created an investor-friendly environment, making it the world’s fastest-growing economy. She urged both sides to deepen business interactions and unlock fresh opportunities under the agreement.

Extending condolences over lives lost in a terrorist attack in Israel, she reaffirmed India’s solidarity with Israel against terrorism, citing shared civilisational values that support peace and security.

Israel’s Finance Minister emphasised the countries’ shared resilience in pursuing economic growth despite security challenges. He called for expanded collaboration in cybersecurity, defence, innovation, and high-tech sectors, alongside fintech, infrastructure, financial regulation, and digital payments.

Currently, bilateral investments between India and Israel stand at around USD 800 million, a figure expected to grow substantially with the implementation of the BIA.

The Israeli Finance Minister also extended an invitation to Sitharaman to visit Israel.

News source: PIB

The Government of India and the Government of Israel signed a Bilateral Investment Agreement (BIA) in New Delhi today, marking a significant milestone in strengthening economic relations between the two nations. The agreement was signed by Union Finance Minister Smt. Nirmala Sitharaman and Israel’s Finance Minister HE Bezalel Smotrich.The signing ceremony was attended by senior officials from both governments. The BIA is expected to encourage bilateral investments, provide greater certainty for investors, and promote trade by ensuring transparent regulations, safeguards against expropriation, smooth transfers, compensation mechanisms, and independent arbitration for dispute resolution.Finance Minister Sitharaman highlighted India’s reforms over the past decade that have created an investor-friendly environment, making it the world’s fastest-growing economy. She urged both sides to deepen business interactions and unlock fresh opportunities under the agreement.Extending condolences over lives lost in a terrorist attack in Israel, she reaffirmed India’s solidarity with Israel against terrorism, citing shared civilisational values that support peace and security.Israel’s Finance Minister emphasised the countries’ shared resilience in pursuing economic growth despite security challenges. He called for expanded collaboration in cybersecurity, defence, innovation, and high-tech sectors, alongside fintech, infrastructure, financial regulation, and digital payments.Currently, bilateral investments between India and Israel stand at around USD 800 million, a figure expected to grow substantially with the implementation of the BIA.The Israeli Finance Minister also extended an invitation to Sitharaman to visit Israel.News source: PIB

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App