World News | Free Trade Agreement Between India-Israel to Conclude by June 2022: Envoy Gilon

New Delhi [India], December 5 (ANI): The free trade agreement (FTA) between India and Israel will conclude by June 2022, stated Israel Ambassador to India Naor Gilon on Saturday.

Speaking to ANI Gilon said, "It's a negotiation. There was an agreement during the visit of the External Affairs Minister (EAM), S Jaishankar in Israel to reintensify discussions with aim of concluding it in June. We're working on it and are hopeful that by June as we put it as a target date, we will conclude it."

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The first round of negotiations and talks on FTA was held in May 2010 but the deal came out as elusive.

However, in October this year, EAM S Jaishankar met his Israeli counterpart Yair Lapid in Jerusalem and discussed matters of bilateral interest.

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The EAM said after meeting with Israeli foreign minister Lapid, "Our officials have actually agreed on resumption of India-Israel Free Trade negotiations. Starting the negotiating process, talks will start in November and they are very confident that they'd be able to conclude negotiations by next June." (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)