During the maiden visit of any Indian PM to Israel, India signed seven agreements with Israel, including three on space co-operation, two in the water sectors, one in the agriculture sector, and an MoU was also signed to set up an India-Israel Industrial R&D and Technological Innovation Fund (i4F).
Let’s have a look at the agreements in a bit detail:
Agreements in the water sector:
India signed two MoUs in the water sector to increase cooperation on water conservation and state water utility reform in India.
One was signed b/w Ministry of Drinking Water and Sanitation, and Israel’s Ministry of National Infrastructure, Energy and Water Resources on National Campaign for Water Conservation in India.
The second one was signed b/w Uttar Pradesh Jal Nigam and Israel’s Ministry of National Infrastructure, Energy and Water Resources on State Water Utility Reform in India.
Agreements on space co-operation:
Three MoUs were signed b/w India and Israel on space co-operation. It included co-operation in electric propulsion for small satellites, cooperation on atomic clocks, as well as cooperation for the development of GEO-LEO optical link.
These MoUs were signed b/w India’s space agency Indian Space Research Organisation (ISRO) and its Israeli counterpart Israel Space Agency (ISA)
Agreement in the agriculture sector:
In the agriculture sector, the two countries have agreed upon India-Israel Development Cooperation – a three-year work programme in agriculture from 2018-20.
Agreement to setup a tech fund (i4F):
India and Israel launched a five-year technology fund – India-Israel Industrial R&D and Technological Innovation Fund (i4D) – aimed at growing the countries’ business relationship, the way a similar fund has boosted the Jewish state’s ties with the US for the past 40 years.
Apart from concluding these seven agreements, India and Israel on Wednesday announced that the two countries will safeguard each other’s strategic interests and cooperate to combat growing radicalisation and terrorism.