May 20 2014
Prime Minister Benjamin Netanyahu said on Sunday, “I spoke with the Prime Minister-elect of India and there is a clear expression of the desire to deepen and develop economic ties with the State of Israel.”
One India (h/t Susan K) Netanyahu, who is looking to strengthen economic ties with Asia which is likely to overtake the Jewish state’s close ally United States as the largest export destination, has recently put a lot of emphasis on promoting bilateral trade with India, China, Japan and other Asian countries.
Israel may have a “staunch new ally” in South Asia with India’s election of Modi to the position of Prime Minister, New York-based International Business Times reported yesterday amid speculation here that ascendance of BJP would also bring back attention on India-Israel ties.
The two countries have been negotiating a Free Trade Agreement for the last several years. While relations between India and Israel have deepened and diversified ever since diplomatic relations were established in 1992, the five years of BJP rule in the past gave a major impetus to the ties.
Israel’s Prime Minister Ariel Sharon visited India in 2003 and prominent BJP leaders – L K Advani and Jaswant Singh – had come to Israel to discuss cooperation in wide ranging fields
Israel’s support to India during the Kargil war had helped build a relationship of trust which saw defence cooperation between the two countries registering a significant high.