India and Israel inked a bilateral investment treaty (BIT)
Credit: X/@FinMinIndia
New Delhi: The finance ministry on Monday said India and Israel have inked a bilateral investment treaty (BIT) which would help promote investments between the two countries.
"The Government of India and the Government of the State of Israel sign Bilateral Investment Agreement # BIT in New Delhi, today," the finance ministry said in a post on X. The pact was inked by Finance Minister Nirmala Sitharaman and her Israeli counterpart Bezalel Smotrich.Govt working on comprehensive package to support exporters hit by US tariffs: Nirmala Sitharaman
During April 2000 and June 2025, India has received $ 337.77 million foreign direct investment (FDI) from Israel. Signing of the pact is important as both countries are also negotiating a free trade pact.