New Delhi [India]: Israeli Economy Minister Nir Barkat has highlighted the need for increased flight connectivity between India and Israel to bolster business and tourism ties. Speaking during a visit to India, Barkat expressed optimism about the potential for robust growth in bilateral relations, emphasizing that “the sky is the limit” for India-Israel cooperation.
Key Points from Minister Barkat’s Address:
- Enhanced Connectivity for Growth:
- Barkat stressed the importance of more direct flights between the two countries to facilitate greater trade and tourism.
- He shared his vision of scaling bilateral trade and collaboration in “double-digit numbers” annually with improved connectivity.
- Efforts to Address Safety Concerns:
- Acknowledging concerns raised due to recent conflicts in the region, Barkat reassured that Israel remains a safe destination.
- He highlighted that Israeli airline El Al continued operations uninterrupted, emphasizing the country’s secure environment for travelers and businesses.
- Bilateral Trade Progress:
- Since formalizing diplomatic ties in 1992, India-Israel trade relations have grown significantly.
- India is now Israel’s second-largest trading partner in Asia, with notable exchanges in diamonds, petroleum products, chemicals, high-tech equipment, and medical technology.
- Future Outlook:
- Barkat urged stakeholders in both nations to capitalize on emerging opportunities, envisioning stronger collaborations in advanced sectors like communications, electronic machinery, and medical equipment.
- He described India as a “focus country” for Israel’s increased trade and investment initiatives.
Strategic Implications:
The push for stronger India-Israel ties aligns with both nations’ shared interests in innovation, security, and economic growth. Increased flight connectivity could further accelerate partnerships, fostering people-to-people ties and enhancing business prospects across sectors.
This initiative represents a mutual commitment to unlocking the untapped potential of the bilateral relationship, ensuring it continues to thrive in the years ahead.