India, Israel begin talks for free trade pact

India and Israel have officially initiated discussions for a Free Trade Agreement (FTA), with the first round of negotiations taking place on February 23, 2026, in New Delhi. The talks aim to enhance bilateral trade and economic cooperation between the two nations, reflecting their growing strategic partnership. The FTA is expected to reduce tariffs and facilitate a smoother exchange of goods and services, thereby fostering investment opportunities. Both countries have a history of collaboration, particularly in defense, technology, and agriculture, and the proposed agreement is anticipated to further strengthen these ties. As global trade dynamics evolve, this FTA could position India and Israel as prominent players in the international market, potentially boosting economic growth in both nations. The commerce ministry has expressed optimism about the outcomes of these negotiations, underscoring the importance of this agreement in the context of India's broader trade strategy and its aspirations to deepen economic relations with key global partners.