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Piyush Goyal Meets Indian Diamond Merchants in Israel to Boost Trade

Union Minister Piyush Goyal met with prominent Indian diamond merchants during his visit to Israel. He appreciated their significant role in strengthening commercial ties between the two nations. The discussions focused on enhancing bilateral trade specifically in the gems and jewellery sector. This engagement is part of broader efforts to deepen the strategic partnership between India and Israel.

Key Points: Goyal Meets Indian Diamond Merchants in Israel, Strengthens Ties

  • Goyal appreciated diamond merchants' role in strengthening India-Israel commercial relations
  • Discussed ways to enhance bilateral trade in gems and jewellery sector
  • Addressed India-Israel CEOs Forum with Minister Nir Barkat
  • India and Israel signed Terms of Reference for FTA negotiations
2 min read

Interacted with prominent members of Indian diamond merchant community in Israel, says Piyush Goyal

Union Minister Piyush Goyal interacts with Indian diamond merchants in Israel, discusses enhancing bilateral trade in gems and jewellery sector during his official visit.

"Interacted with prominent members of the Indian diamond merchant community in Israel. Appreciated their role in strengthening India-Israel commercial ties - Piyush Goyal"

Tel Aviv, November 21

Union Minister of Commerce and Industry, Piyush Goyal, on Thursday interacted with prominent members of the Indian diamond merchant community in Israel.

Goyal appreciated their role in strengthening India-Israel commercial ties.

In a post on X, he said, "Interacted with prominent members of the Indian diamond merchant community in Israel. Appreciated their role in strengthening India-Israel commercial ties and discussed ways to enhance bilateral trade in the gems and jewellery sector."

Earlier in the day, he also addressed the India-Israel CEOs Forum along with Israel's Minister of Economy and Industry Nir Barkat.

In a post on X, he said, ""Delighted to address the India-Israel CEOs Forum along with Israel's Minister of Economy and Industry Nir Barkat. The forum saw active participation and discussions by CEOs of both countries as India and Israel look to deepen our strategic partnership in various sectors of our respective economies."

"With the two sides setting in motion the process for FTA negotiations, highlighted our synergies in the fields of agriculture, water, healthcare, defence, infrastructure, digital economy, clean energy, advanced manufacturing and high-tech innovation," he added.

India and Israel signed the Terms of Reference for negotiations for a Free Trade Agreement on Thursday. Goyal also held a bilateral meeting with Nir Barkat, Israel's Minister of Economy and Industry in Tel Aviv.

Goyal is leading a 60-member business delegation to Israel, where he is scheduled to meet top leadership and industry representatives to explore ways to boost bilateral trade and investments.

Goyal will travel to Jerusalem on Friday as part of his ongoing visit to further strengthen bilateral economic ties.

- ANI

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Reader Comments

P
Priya S
As someone from Surat's diamond industry, I'm proud to see our community getting recognition. Hope this leads to better trade policies and more opportunities for Indian diamond exporters.
M
Michael C
While trade partnerships are important, I hope the government also focuses on domestic issues like inflation and employment. The timing could be better given current economic challenges at home.
A
Anjali F
Israel's technology combined with India's manufacturing prowess can create wonders! The FTA in sectors like agriculture and clean energy will benefit both nations immensely. Good move! 🌱💡
S
Siddharth J
The diamond trade has been a traditional strength of Indian merchants globally. Glad to see government support for this sector. Hope this creates more jobs in cutting and polishing units back home.
K
Kavya N
India-Israel partnership has so much potential beyond defense. The focus on digital economy and high-tech innovation is exactly what we need for our youth. More such collaborations please! 🚀

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