India and Israel Relations

• 27 Jan 2022

For Prelims: Location of Israel

For Mains: India and Israel Relations, related issues and way ahead.

Why in News

• To mark the 30^th anniversary of the establishment of diplomatic ties between the two countries, India and Israel launched a commemorative logo.
• The logo features the Star of David and the AshokaChakra- the two symbols that adorn the national flags of both countries- and forms the numeral 30 depicting the 30th anniversary of bilateral relations.

Key Points

• Diplomatic Ties:
  • Though India officially recognised Israel in 1950, the two countries established full diplomatic ties only on 29^th January 1992. As of December 2020, India was among 164 United Nations (UN) member states to have diplomatic ties with Israel.
• Economic and Commercial Relations:
  • From USD 200 million in 1992, bilateral merchandise trade stood at USD 4.14 billion (excluding defence) during the period April 2020 – February 2021 with the balance of trade being in India’s favour.
    • Trade in diamonds constitutes about 50% of bilateral trade..
  • India is Israel's third-largest trade partner in Asia and seventh largest globally.
    • Israeli companies have invested in India in energy, renewable energy, telecom, real estate, water technologies, and are focusing on setting up R&D centers or production units in India.
  • India is also in dialogue with Israel for concluding a Free Trade Agreement (FTA).
• Defence:
  • India is the largest buyer of military equipment from Israel, which, in turn, is the second-largest defence supplier to India, after Russia.
  • The Indian armed forces have inducted a wide array of Israeli weapon systems over the years, which range from Phalcon AWACS (Airborne Warning And Control Systems) and Heron, Searcher-II and Harop drones to Barak anti-missile defence systems and Spyder quick-reaction anti-aircraft missile systems.
  • The acquisitions also include a host of Israeli missiles and precision-guided munitions, from Python and Derby air-to-air missiles to Crystal Maze and Spice-2000 bombs.
  • At the 15^th Joint Working Group (JWG 2021) meeting on Bilateral Defence Cooperation, countries agreed to form a Task Force to formulate a comprehensive Ten-Year Roadmap to identify new areas of cooperation.
• Cooperation in Agriculture:
  • In May 2021, “a three-year work program agreement” for development in agriculture cooperation, was signed.
  • The programme aims to grow existing Centres of Excellence, establish new centers, increase CoE’s value chain, bring the Centres of Excellence into the self-sufficient mode, and encourage private sector companies and collaboration.
• Science & Technology:
  • Recently, experts from India and Israel deliberated on widening the scope of India-Israel Industrial R&D and Technological Innovation Fund (I4F) at its 8^th Governing Body meeting.
  • They approved 3 joint R&D projects worth 5.5 million USD and suggested measures to create a broader India-Israel collaborative ecosystem.
    • I4F is a cooperation between the two countries to promote, facilitate and support joint industrial R&D projects between companies from India and Israel to address the challenges in the agreed ‘Focus Sectors’.
• Others:
  • Israel is also joining the India-led International Solar Alliance (ISA), which aligns very well with the objectives of both countries to scale up their cooperation in renewable energy and partner in clean energy.

Way Forward

• The ties between the two nations have flourished since 1992, primarily due to common strategic interests and security threats.
• Indians are sympathetic towards Israel and the government is balancing and recalibrating its West Asia policy on the premise of its own national interest.
• India and Israel need to overcome the vulnerability of their religious extremist neighbours and work productively on global issues like climate change, water scarcity, population explosion and food scarcity.
• A more aggressive and proactive Middle Eastern policy is the need of the hour for India to reap the maximum benefit of the geopolitical realignments gradually being brought in by the Abraham Accords.

Source: ET