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Prime Minister Narendra Modi ended his two-day visit to Israel on February 26, 2026, with both countries agreeing to significantly scale up their partnership. India and Israel elevated ties to a Special Strategic Partnership. As part of the visit, 17 agreements were signed and 10 key announcements were made across defence, digital payments, agriculture, artificial intelligence, labour mobility and emerging technologies. The overall message was clear: both sides want to expand trade, deepen technology links and strengthen security cooperation in a more structured way.
Prime Minister Modi and Israeli Prime Minister Benjamin Netanyahu described the relationship as “time-tested” and rooted in shared democratic values and deep trust. Both countries agreed to expand cooperation in defence manufacturing through joint development and joint production of military equipment, including technology transfer arrangements. The leaders also reiterated their shared position that terrorism in any form is unacceptable and pledged closer counter-terror cooperation.
Modi said India’s security interests are linked to peace and stability in West Asia and reiterated New Delhi’s support for the Gaza peace initiative.
The visit produced 27 outcomes, including 17 agreements and MoUs and 10 strategic announcements across multiple sectors.
Key agreements include cooperation in:
A major digital initiative included an agreement between NPCI International and Israel’s MASAV to enable cross-border remittances using India’s Unified Payments Interface (UPI).
Negotiators met in New Delhi from February 23 to 26, 2026, for the first round of FTA talks. They addressed a broad spectrum of issues: trade in goods and services, rules of origin, customs procedures, intellectual property rights, digital trade, technical barriers, and sanitary standards.
They plan to meet again in Israel in May 2026 for the next round. Bilateral merchandise trade between the two countries stood at around $3.62 billion in FY 2024–25. Officials believe there is strong untapped potential, especially in machinery, chemicals, textiles, agriculture and advanced technology sectors.
Officials said the FTA would create a stable and predictable framework to boost trade and investment.
India and Israel launched a new partnership on critical and emerging technologies, covering artificial intelligence, quantum technologies and critical minerals.
The Joint Committee on Science and Technology was upgraded to ministerial level, signalling stronger institutional cooperation.
Other announcements include:
A proposed Indo-Israel Cyber Centre of Excellence in India will support digital resilience and cybersecurity best practices.
The broad set of agreements signals a clear shift towards deeper economic integration and stronger, technology-led cooperation between India and Israel.
With the new Special Strategic Partnership status, ongoing FTA negotiations and expanded defence collaboration, the relationship is now positioned for faster growth in trade, innovation and security cooperation.
Modi’s visit marked his second trip to Israel in nine years and is being seen as a milestone in expanding India’s engagement in West Asia while strengthening ties with one of its key technology and defence partners.