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Netanyahu-Putin meeting date to be agreed on soon - Israeli embassy

Netanyahu-Putin meeting date to be agreed on soon - Israeli embassy

Netanyahu-Putin meeting date to be agreed on soon - Israeli embassy

Israeli ambassador to India Daniel Carmon has termed it a historic visit, which will strengthen the growing partnership between the two countries.

Netanyahu's visit comes after India voted in the United Nations against US' decision to move its embassy to Jerusalem, a vote Israel wanted otherwise. The deal to procure 8,000 missiles was recently called off.

Indian Prime Minister Narendra Modi visited Israel last July in the first such trip by a holder of his office. Israel will inaugurate the 22nd centre of excellence in agriculture to coincide with Netanyahu's visit and completion of 25 years' celebrations of diplomatic relations.

The two statements have put on hold speculations on the outcome of the Israeli PM's visit to India following the recent developments in the past one month.

The problem for Israel is that other competitors, too, are willing to shift base to India to get a slice of the huge armaments market that India has become. Most longstanding U.S. allies, it must be noted, did not join with the United States and Israel that day in opposing the UN resolution.

Indian commitment to Palestinian aspirations is not only principled, it is also linked with India's core interests in that a large chunk of Indian territory in the state of Jammu and Kashmir is under illegal Pakistani occupation. The PM added that "in the coming weeks, I plan to meet with leaders of three of the four most powerful countries in the world". "India's stance on Palestine is not new, and Israel is well aware of it". "Stronger India-US and India-Israel relations have a natural logic". In 2014, Modi met Netanyahu on the sidelines of the UNGA, first such meeting in over a decade.

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Indian wages and fabrication costs are also lower, which could make it attractive to some of its biggest arms makers such as Rafael, IAI and Elbit Systems to shift part of their manufacturing to India.

In 2016, the bilateral trade, excluding defence, between the two countries was around $4billion.

According to the Stockholm International Peace Research Institute, which charts arms sales around the world, Israel sold $599m worth of arms to India in 2016, making it India's second-largest weapons supplier after Russian Federation, which sold India $1.6 billion in arms that year, says the Post.

That's not to say that India and Israel have to agree on everything. "He speaks about you all the time", one of Mr Netanyahu's ministers told Mr Modi.

"We have upgraded our relationship to the strategic level with a special focus on agriculture and water", he said. The Indian market is more important for Israel since the USA stopped Israel from selling high technology defence products to China.

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