Historic Investment Pact between India and Israel

India and Israel signed a historic Bilateral Investment Agreement (BIA) in New Delhi. The agreement aims to boost investments in both countries, provide security and transparency to investors, and establish an independent dispute resolution mechanism. Under this pact, investments will be protected from expropriation, with provisions for transparency and compensation. Israeli investors will now have the option of international arbitration within three years in case of disputes in India. Currently, bilateral investments between the two nations stand at around USD 800 million. The agreement is expected to strengthen India-Israel economic ties and open new avenues of cooperation in cybersecurity, innovation, technology, and digital payments.