India-Israel defence ties will deepen
Friday, November 3, 2017
Subject
Indian-Israeli cooperation in defence trade and manufacturing.
Significance
Indian Prime Minister Narendra Modi’s visit to Israel in July raised relations between the two countries to what was described in a joint statement as a "strategic partnership". Defence cooperation featured in talks between Modi and his Israeli counterpart Binyamin Netanyahu.
Impacts
- India will struggle to meet its target of reducing imported defence products by 40% within the next ten years.
- India’s Oil and Natural Gas Corporation is likely to bid for Israeli offshore oil-and-gas exploration blocks.
- Closer relations between India and Iran may raise concerns in Israel.