Israel will invest $68.6 million to boost cooperation with India in areas like tourism, technology, agriculture and innovation over a period of four years, a senior official here has said ahead of Prime Minister Benjamin Netanyahu's high-profile India visit next week.
Describing the backdrop of votes at the United Nations as "dynamic" and the United Nations itself as "a vibrant theatre where many things are happening", Carmon said "If the question is, will it influence the relationship, I don't think it can influence the relationship". Israel's President Reuven Rivlin also paid a visit to India in November 2016, in response to President Mukherjee's visit to his country.
The bilateral trades between the two countries is 5 billion U.S. dollar.
Following all-night negotiations, Israeli Cabinet ministers on Friday morning unanimously approved a 2019 state budget of NIS 397.4 billion ($117 billion), which Prime Minister Benjamin Netanyahu promised would ensure the political stability the government needed to survive until the end of its term late next year.
Mr Netanyahu will be accompanied by a business delegation.
India intends to purchase 8,000 Spike anti-tank missiles from Israel to the tune of $500 million, reports out of India stated. The prime minister will also host a private dinner for the Israeli leader.
In November, the defence ministry had chose to retract the process to acquire a batch of Spike missiles from Israeli firm Rafael Advanced Defence Systems, a deal which would have been worth $500 million, after the Defence Research and Development Organization (DRDO) expressed confidence of producing the indigenous Nag ATGM.
"And they will continue to be. sometimes it is India that comes to Israel with a request and sometimes it is Israel that comes to India with the request.We can not always fulfil those requests", Carmon said. Now, it is learnt that the government is considering buying the missiles through government-to-government route.
"Since we talk about democracies, similar values, similar challenges..., the relationship is so strong between both the countries that our feeling is (that) nothing can reverse it", he said.
Netanyahu said that last July's visit to Israel by Prime Minister Narendra Modi was "a very important milestone, and my visit will see an expansion of economic and other ties". Moshe's parents were killed in the 26/11 terror attack at the Chabad House.