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India and Israel Sign Free Trade Agreement Terms of Reference, Unlocking Defense and Tech Opportunities

Economy

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Published on 20th November 2025, 6:54 PM

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Author

Simar Singh | Whalesbook News Team

Overview

India and Israel have signed the Terms of Reference for a Free Trade Agreement (FTA), marking a significant step towards deepening bilateral economic ties. Union Commerce Minister Piyush Goyal announced the agreement during his visit to Israel, highlighting its potential to unlock vast opportunities in defense, cybersecurity, infrastructure, software, fintech, smart mobility, and food processing. The FTA aims to leverage complementary strengths and address shared challenges between the two nations.