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Netanyahu in India Day 2 LIVE: Modi talks up India-Israel Innovation Bridge for start-ups

Prime Minister Narendra Modi with his Israeli counterpart Benjamin Netanyahu during a press conference at Hyderabad House in New Delhi on Monday. Photo: Pradeep Gaur/MintPremium
Prime Minister Narendra Modi with his Israeli counterpart Benjamin Netanyahu during a press conference at Hyderabad House in New Delhi on Monday. Photo: Pradeep Gaur/Mint

Israeli Prime Minister Benjamin Netanyahu and PM Narendra Modi held delegation-level talks to boost bilateral ties. Here are the latest updates and developments

NEW DELHI : New Delhi: India and Israel on Monday inked nine pacts to boost cooperation in key areas, including cyber security, after Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu held extensive talks to strengthen ties in the strategic areas of defence and counter- terrorism. Modi also invited Israeli defence companies to India for co-production in the sector. India and Israel will strengthen the existing pillars of cooperation in areas such as agriculture, technology and security, Modi said at a joint media event with Netanyahu. On his part, Netanyahu described Modi as a “revolutionary” leader. Apart from a pact on cyber security, the agreements included cooperation in the oil and gas sector, film-co- production as well as amendments to an air transport pact. Netanyahu, arrived here on Sunday, and will also visit Ahmedabad and Mumbai during his six-day stay in India. Here are the latest updates and developments from Israeli PM Netanyahu’s India visit:

15 Jan 2018, 08:50:00 PM IST

Modi and Netanyahu at the CEO meet in Delhi

Israel PM Benjamin Netanyahu and PM Narendra Modi at the CEO meet in Delhi today. Photo: ANI/Twitter
Israel PM Benjamin Netanyahu and PM Narendra Modi at the CEO meet in Delhi today. Photo: ANI/Twitter

15 Jan 2018, 08:48:00 PM IST

Narendra Modi talks up India-Israel Innovation Bridge for start-ups

India-Israel Innovation Bridge will act as link between start-ups of India and Israel, said PM Narendra Modi at the CEO meet in Delhi. “I have been saying that Indian Industries, start-ups and academic institutions must collaborate with their Israeli counterparts to access the huge reservoir of knowledge. Several Israeli companies have joined hands with Indian companies for making in India,” he said.“We want to do more and better. To enable entry of capital and technology, most of the sectors including defence, have been opened for FDI. More than 90% of the FDI approvals have been put on automatic route. We are now among the most open economies,” Modi said. (ANI)

15 Jan 2018, 08:44:00 PM IST

Role of business & industry is crucial in the transformation of our time: Narendra Modi

The role of business and industry is crucial in the transformation of our time, said Prime Minister Narendra Modi at the India-Israel CEO meet in Delhi today. “It is an added pleasure to be with the CEOs of both countries. PM Netanyahu and I have had fruitful interactions with the CEOs of both countries,” Modi said at the meet.“I have always had a deep regard for Israel and its people. I visited Israel in 2006 as CM of Gujarat. Last year in July, I visited Israel, the first such visit from India. I experienced the remarkable spirit of innovation, enterprise and perseverance that drives Israel,” he added.The prime minister said India has been taking steady steps—micro and macro—over the last three years to make a difference with the motto of “Reform, Perform and Transform”. Today, we have emerged as the sixth largest manufacturing nation but we are not done yet,” Modi said. “We have worked sincerely on ease of doing businesses in India. The results are there for everyone for to see.” (ANI)

15 Jan 2018, 08:30:00 PM IST

Netanyahu, Modi addressing India-Israel CEO forum in Delhi

Israeli PM Benjamin Netanyahu hails PM Narendra Modi as a dear friend and thanked him for the hospitality and friendship that he has witnessed during his India visit so far.Speaking on technology ties that the nations have, Netanyahu said: “You have brilliant people in India. We have brilliant people in Israel. What we can do, is shape the future together. I believe in India. I came here to say today thank you PM Modi for believing in Israel, we believe in India.”There is not going to be anymore distinction between high tech and low tech because at the end everything is going to be technology, Netanyahu added. “In the last 5-10 years, we have had car industries. We have 500 start-up companies that receive $ 500 billion investment every year.” (ANI)

15 Jan 2018, 07:50:00 PM IST

Netanyahu pushes for India free trade deal during rare visit to India

India and Israel will begin work on a free trade pact that Israel has been pushing for, officials said on Monday, as Benjamin Netanyahu began a first visit by an Israeli prime minister in 15 years. “We have had diplomatic relations for 25 years, but something different is happening now,” Netanyahu said soon after the two sides signed nine agreements covering cooperation in cyber security, space and oil and gas exploration.Israel has given initial approval for Indian energy companies to explore oil and gas in the eastern Mediterranean, in the first such move by Indian firms in that region.(Reuters)

15 Jan 2018, 07:00:00 PM IST

Netanyahu hails new era in ties with India

Benjamin Netanyahu hailed a “new era” in ties with India on Monday as he signed a series of deals during the first visit by an Israeli Prime Minister in 15 years.Netanyahu made the comment after talks with Narendra Modi, who made history in July when he became the first Indian leader ever to visit Israel.He is accompanied by the largest-ever business delegation to travel with an Israeli leader, including technology, agriculture and defence executives.The two men embraced warmly, appearing to overcome any tensions over India’s refusal to support US moves to recognise Jerusalem as Israel’s capital, before signing agreements on cybersecurity and energy.“We are ushering today a new era in our relations,” Netanyahu said after their talks.“We have had diplomatic relations for 25 years, but something different is happening now because of your leadership and our partnership.” (AFP)

15 Jan 2018, 05:54:00 PM IST

Nasscom, MassChallenge Israel join hands to support startups

Industry body Nasscom on Monday inked an agreement with startup accelerator MassChallenge Israel, committing scholarship support of $5,000 each for up to 10 Indian startups. Besides, a ‘Trilateral Fund’ of $50 million has been created by Israel-India Technology Group (I-ITG) to promote entrepreneurship and trilateral business opportunities between the US, India and Israel. Nasscom, along with the Deshpande Foundation, will support a scholarship of $5,000 each for up to 10 Indian startups to help them access MassChallenge’s resources and focus on growing their businesses. Selected Indian startups will join other finalists of MassChallenge Israel 2018 for a four-month equity-free accelerator programme in Jerusalem. According to a report by Zinnov, Israel and India have over 5,000 startups each that have raised up to $5 billion and $4 billion, respectively. However, in terms of global innovation index ranking, Israel is 17th while India is at 60th spot. (PTI)

15 Jan 2018, 04:38:00 PM IST

India-Israel ties much larger than single issues: MEA official

15 Jan 2018, 04:09:00 PM IST

Hope PM Netanyahu’s visit will pave way for FTA with India: Israeli trade official

Speaking at the CII event, Ohad Cohen, Trade Commissioner, Ministry of economy, Israel, expressed hope that the visit of the prime minister would pave the way for the proposed free trade agreement between the countries. The bilateral trade between the countries increased to $5 billion in 2016-17 from $4.91 billion in the previous fiscal.Israeli Prime Minister Benjamin Netanyahu is leading a high-level business delegation comprising 130 businessmen from 102 Israeli companies. India received total FDI of $130 million from Israel during April 2000 to September 2017 period. (PTI)

15 Jan 2018, 03:49:00 PM IST

‘Will make things easier for Israeli companies to do business in India’

India today assured Israeli firms to resolve their concerns and make things easier for them to do business here, a senior government official said. The Secretary in the Department of Industrial Policy and Promotion (DIPP), Ramesh Abhishek, said that there are few issues pertaining to processes, import duty, taxes and licensing that have been bothering Israeli companies. “I assure you to resolve all problems and make things easier and better for Israeli companies to do business in India,” he said here at the India-Israel Business Innovation forum meeting organised by CII. The secretary said the issues were taken up with the ministries and departments concerned. “We have been able to do few things in the last few months and many are in progress,” he added. (PTI)

15 Jan 2018, 02:11:00 PM IST

India, Israel ink nine pacts on cyber security, other sectors

India and Israel today inked nine pacts to boost cooperation in key areas, including cyber security and energy. The agreements were signed after extensive talks between Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu for bolstering bilateral ties in strategic areas.The two prime ministers, accompanied by their respective senior Cabinet colleagues, held delegation-level talks during which they also discussed regional and international issues of mutual interests. Netanyahu, who arrived here yesterday, will also visit Ahmedabad and Mumbai during his six-day stay in India. (PTI)

15 Jan 2018, 02:07:00 PM IST

We remember horrific savagery in Mumbai 26/11 attacks: Netanyahu

Here are the main highlights from the joint press briefing of PM Modi and Israeli PM Benjamin Netanyahu:■ We remember the horrific savagery in Mumbai (26/11 attacks), we will never give in and will fight back: Israel PM Benjamin Netanyahu. ■ My friend Narendra if anytime you want to do a Yoga class with me,you are welcome, thought it will be a bit of stretch: PM Benjamin Netanyahu. (ANI)

15 Jan 2018, 02:03:00 PM IST

Netanyahu calls Modi a revolutionary leader

Here are the main highlights from the joint press briefing of PM Modi and Israeli PM Benjamin Netanyahu:■ You are a revolutionary leader, you have revolutionized India and catapulting this state to the future, your visit to Israel was groundbreaking as it was the first time an Indian leader visited: PM Netanyahu to PM Modi during the joint press briefing. ■ Jews in India have never witnessed anti-semitism like in some other countries, this is a tribute to India’s great civilization, tolerance and democracy: PM Netanyahu. (ANI)■ It (PM Modi’s visit to Israel) excited all Israelis & of course many Israelis of Indian descent & origin came. Well I thought I was in a rock concert. But it was a historic event: Israel PM Netanyahu. (ANI)

15 Jan 2018, 02:01:00 PM IST

We will scale up our partnership: Modi at joint press briefing

Here are the main highlights from the joint press briefing of PM Modi and Israeli PM Benjamin Netanyahu:■ We have imparted our shared impatience to the implementation of our earlier decisions. The results are already visible on the ground. Our discussions today were marked by convergence to accelerate our engagement and to scale up our partnership: PM Modi.■ Last year in July, I carried the greetings & friendship of 1.25 billion Indians during my momentous journey to Israel. In return, I was overwhelmed by the generous affection & warmth of the Israeli people led by my friend Bibi (Benjamin Netanyahu): PM Modi.■ We will strengthen existing pillars of cooperation in areas that touch the lives of our peoples. These are agriculture, science and technology and security.We exchanged views on scaling up the Centers of Excellence that have been a main-stay of agricultural cooperation.■ In Defence, I have invited Israeli companies to take advantage of the liberalized FDI regime to make more in India with our companies: PM Modi. (ANI)

15 Jan 2018, 01:58:00 PM IST

PM Modi and Israeli PM Benjamin Netanyahu issue press statement in Delhi

Here are the main highlights from the joint press briefing of PM Modi and Israeli PM Benjamin Netanyahu:■ My good friend welcome to India, your visit marks a special beginning to our new year calendar: PM Narendra Modi to PM Netanyahu■ Today and yesterday we reviewed progress in our relations and renewed our relations on the opportunities that beckon us: PM Modi. (ANI)

15 Jan 2018, 12:52:00 PM IST

Netanyahu-Modi hold delegation levels talks

Prime Minister Narendra Modi on Monday held delegation-level talks with his Israeli counterpart Benjamin Netanyahu during which they discussed a range of key issues including defence, trade and terrorism. Netanyahu arrived here on Sunday on a six-day visit with a delegation of senior Israeli officials and high-level businesses. During his stay, the Israeli prime minister will also visit Gujarat and Mumbai. (PTI)

15 Jan 2018, 11:17:00 AM IST

PM Netanyahu pays tribute to Mahatma Gandhi at Rajghat

15 Jan 2018, 11:12:00 AM IST

PM Modi’s visit to Israel created tremendous enthusiasm: Netanyahu

Addressing reporters after receiving ceremonial reception at Rashtrapati Bhawan, Israeli PM Benjamin Netanyahu said that “PM Modi’s historic visit to Israel created tremendous enthusiasm” and “it continues with my visit here which I must say is deeply moving for me, my wife & people of Israel. It heralds a flourishing partnership to bring prosperity, peace & progress for our people.” (ANI)

15 Jan 2018, 11:07:00 AM IST

One UN vote can’t change our relations: Netanyahu

Asserting that India-Israel relationship was like a “marriage made in heaven”, visiting Israeli prime minister Benjamin Netanyahu said on Friday that even though the Jewish state was “disappointed” by India’s vote at the UN against the Jerusalem issue, one negative vote will not affect the ties. “Yes, naturally we were disappointed, but this visit is a testimony that our relationship is moving on so many fronts forward,” Netanyahu told ‘India Today’ in an interview. “I don’t think one vote affects a general trend you can see in many other votes and these visits,” Netanyahu said. India had last month joined 127 other countries to vote in the United Nations General Assembly in favour of a resolution opposing the recent decision of US President Donald Trump to recognise Jerusalem as Israel’s capital. (PTI)

15 Jan 2018, 11:00:00 AM IST

Dawn of new era in India-Israel ties: Netanyahu after Rashtrapati Bhawan reception

Israeli prime minister Benjamin Netanyahu addressed reporters after receiving a ceremonial reception at Rahtrapati Bhawan on Monday.

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