Whalesbook
India and Israel have signed the Terms of Reference (ToR) to begin negotiations for a Free Trade Agreement (FTA). Commerce and Industry Minister Piyush Goyal announced the pact, which aims to enhance market access, reduce tariffs and non-tariff barriers, and foster collaboration in sectors like technology, defence, fintech, and agritech. The agreement also seeks to facilitate IT and BPO services trade and create opportunities for skilled Indian professionals in Israel. This marks a significant step in strengthening bilateral economic ties.