India, Israel to explore new possibilities of bilateral relation, other than defense collaboration

As the Indian Prime Minister, Narendra Modi, is planning to visit the Israel, one of the most powerful countries in the Central Asia, there are speculations that both countries are preparing to explore the new possibilities of the bilateral relations. Currently, the Indo-Israel bilateral relation is confined to the defense collaboration and weapon deals. Many experts believe that there are many potential areas in which both the country can help each other. As per the report recently submitted in the parliament by a senior minister, of the thirty-seven defense contracts inked on last fiscal year, at least seven were with Israel. It is a noteworthy fact that this year India and Israel is celebrating the twenty-fifth anniversary of their friendship. Within this short period, the Central Asian powerhouse has become one of the most trusted partners of our country. While speaking to the media representatives, a senior official asserts that the PM’s visit to Israel would not be defense oriented. Experts say that the statement released by the high official raise expectations to its peak. Anyway, the two countries are about to sign a big defense deal, the Spike Anti-Tank Guided Missiles deal, soon. The 3200 crore worth defense deal, which already got the approval of the Defense Acquisition Council in 2014, is in its final stage of discussion. A high-level defense committee is likely to visit Israel soon to conclude the discussion session. The deal offers over 8000 missiles, around 300 launchers and, most importantly, the technology transfer.

Vignesh

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