The countries have signed seven agreements to increase cooperation in key sectors such as space, agriculture and water conservation. There is also the possibility of “joint development of defence products, including the transfer of technology from Israel,” stated officials.
"We are of one view that together our scientists and researchers would develop, build and implement mutually beneficial solutions," PM Modi said. "Our decision to establish a bilateral Technology Innovation Fund worth $40 million for research in industrial development will help us in achieving this goal."
Mr. Netanyahu said that there would be special committees set up to implement the agreements by January 2018, “We discussed so many fields where we think we can make a big difference, in water and agriculture, fields that affect the lives of our people.” He also accepted the invitation extended by PM Modi to visit India.
Mr Modi has made it easier for applying for OCI (Overseas Citizen of India) cards for people of Indian origin in Israel. He announced new flights from India and an Indian Cultural Centre in Israel.
“India and Israel live in complex geographies. We are aware of the strategic threats to regional peace and stability,” said Mr. Modi at the conclusion of the talks. “PM Netanyahu and I agreed to do much more together to protect our strategic interests and also cooperate to combat the growing radicalisation and terrorism, including in cyberspace.”