India-International Relations Current Affairs

India and Israel sign 7 Agreements

India and Israel have signed 7 agreements on areas including space, tech and agriculture during the visit of Prime Minister Narendra Modi to Israel. Prime Minister Narendra Modi will be the first Indian Prime Minister to visit Israel. Also, Prime Minister Narendra Modi’s visit marks the 25 years of establishment of diplomatic relationship between India and Israel.

In the joint statement released after talks between India and Israel, both the countries have called for taking strong measures against terror organisations and also against those who encouraged, supported and financed terrorism.

MoUs

  • MoU for setting up of India-Israel Industrial R&D & Technological Innovation Fund (I4F)
  • MoU for conservation of water in India
  • MoU on State Water Utility Reform in India
  • India-Israel Development Cooperation- 3-year work program in Agriculture (2018-2020)
  • Plan of cooperation regarding cooperation in atomic clocks
  • MoU regarding cooperation in GEO-LEO optical link.
  • MoU regarding cooperation in electric propulsion for small satellites.

India-Israel

The diplomatic relationship between India and Israel was established in 1992. India is Israel’s topmost destination for arms export. India is already buying an average of $1 billion per year in military equipment. For India, Israel is the third largest source of arms after the US and Russia with a share of 7.2% between 2012 and 2016.

The earliest India-Israel defence collaboration took place during the 1962 Sino-Indian war when Israel provided military aid to India. Israel also helped India during its two wars with Pakistan in 1965 and 1971. India reciprocated by helping Israel during the six-day war in 1967 by supplying spare parts for French-made Mystere and Ouragan aircraft as well as AX-13 tanks.

In April 2017, India and Israel had signed a $2 billion deal for an advanced medium-range surface-to-air missile system which will be helpful for the Indian army to shoot down aircraft, missiles and drones etc.
Israel is India’s 38th-largest trading partner with the trade balance standing in India’s favour in 2016-17.

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India and Netherlands sign 3 Agreements

India and the Netherlands have signed three MOUs after the meeting between Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte in Hague the Netherlands. Prime Minister’s visit to the Netherlands has come at a time when both the countries are celebrating 70 years of diplomatic relations.

Salient Highlights

The Netherlands has backed India’s entry into Nuclear Suppliers Group (NSG) and other multilateral export control regimes. The Netherlands also supported India’s bid for a permanent UN Security Council seat. For its part, India has thanked the Netherlands for its role in India’s accession to the Missile Technology Control Regime in June 2016. Also, Prime Minister Modi invited the Netherlands to join the International Solar Alliance. In addition, both the countries have reaffirmed their commitment towards Paris climate deal.

Agreements

In total three agreements were signed:

  • MOU on Cultural Cooperation,
  • MOU on Water Cooperation
  • Agreement on Amending Social Security Arrangement

India-Netherlands

After Independence, Indo-Dutch relations have been multifaceted. Since, the 1980s, the Netherlands have identified India as an important economic partner. The relationship got further intensified after India’s economic liberalisation in the 1990s.

Both the countries have the potential to further collaborate in areas like water management; infrastructure, logistics, ports, highways; inland water transportation; ICT; biotech; agriculture, agro-processing, floriculture; creative design industry etc. Major Indian exports to the Netherlands includes textiles & garments; electric machinery & equipment; agricultural products and processed foods including marine products; leather goods etc. The main imports from Netherlands include machinery/equipment; medical/optical instruments; chemicals; plastics, and metal products.

Netherlands is host to one of the largest population of people of Indian origin in Europe. It is home to about 220,000 Indian and Surinami Hindustani Diaspora.

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