(a) whether India and Israel are pursuing regulations for signing FTA;
(b) if so, the details thereof; and
(c) the benefit likely to be accrued to the country with the signing of the said FTA?
(a) whether India and Israel are pursuing regulations for signing FTA;
(b) if so, the details thereof; and
(c) the benefit likely to be accrued to the country with the signing of the said FTA?
MINISTER OF THE STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a) to (c): Yes, Madam. The first round of negotiations( on trade in goods, services and investment) were
held with Israeli team on 26.05.2010 in New Delhi. The next round of negotiations are slated for February
2011 in Jerusalem (Israel). The Free Trade Agreement is aimed at giving a boost to trade in goods, services
and investment with Israel.