Wednesday, March 02, 2011

India-Israel trade will triple to $15 billion (equalling EU-Israel trade)

From MSN News, 1 March 2011, by Lalit K Jha:
Washington, Mar 1 Describing as dynamic its relationship with India, Israel has said that it has been of assistance to New Delhi in its security needs. ...However, [Israeli Ambassador to New Delhi, Mark] Sofer refused to divulge further details about India-Israel defence ties.

...Sofer identified India and Israel as ...two countries who viewed the world with very similar eyes... referring to the terrorist attacks [in Mumbai, 2008] by the Pakistan-based LeT.

...Sofer cited experts to say that the Indo-Israel trade will triple within four years once a bilateral free trade agreement is signed.
"That would bring us to trading about USD 15 billion; which will be of the same size of that with the European Union," he said.

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