Friday, 22 June, 2018

Israeli gov't approves 2019 budget of 117 bln Dollars

Prime Minister Benjamin Netanyahu speaks at the Globes Business Conference at the Jerusalem Convention Center India considers revisiting $500 million missile deal with Israel
Jay Anderson | 13 January, 2018, 03:44

There is still a possibility that the $500 million Indian deal for the purchase of 8,000 Spike antitank missiles from Israel, a deal that was cancelled by New Delhi barely days before Prime Minister Benjamin Netanyahu's upcoming trip to India, could be salvaged. Netanyahu will lead an Israeli trade delegation comprised of some 130 business leaders to negotiate defense deals.

Last month, India raised many eyebrows at home when it voted for an Arab resolution criticising Trump's decision to recognise Jerusalem as the capital of Israel.

"Vote at United Nations is important, but it will not mar the big picture of the India-Israel relationship", Carmon said on India's vote in United Nations on draft resolution on the status of Jerusalem.

Officials of the Ministry of External Affairs (MEA) said that during his visit Prime Minister Netanyahu will deliver the inaugural lecture at the Raisina Dialogue, the annual foreign policy-related discussion in Delhi.

"Sometimes it is India that comes to Israel with a request and sometimes Israel comes to India with a request", he said.

Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu visit the Indian Army Cemetery of World War I to honour fallen Indian soldiers in the Israeli coastal city of Haifa in July 2017.




Netanyahu will be the second Israeli premier to visit India after diplomatic ties were established between the two sides in 1992.

Sparking worldwide condemnation, U.S. President Donald Trump recognized, on December 6, Jerusalem as Israel's capital by announcing the relocation of the American Embassy from Tel Aviv to Jerusalem.

The visit indicates an upswing in bilateral ties that had received a boost when Ms. Swaraj made an announcement at her first press conference in 2015 about the PM-level visit to Israel from India. From the ashram, the two prime ministers would go to "iCreate", an autonomous centre that mentors budding entrepreneurs and later, the Sabarkantha-based centre of excellence for agriculture. It is reported that he will be accompanied by the relatives of the Jewish priest who was killed along with his wife in the 26/11 attack in Mumbai.

Israeli ambassador to India Daniel Carmon on Friday said issues like India's vote in favour of an Arab resolution against U.S. president Donald Trump's move to recognise Jerusalem as the capital of the Jewish country would continue to remain a matter for discussion through diplomatic channels but will not mar bilateral relations that have warmed in recent years.

The Defense Ministry, long Israel's largest single budget expenditure, will receive NIS 63 billion ($18.4 billion), an increase of 37 percent since 2014, followed by the Education Ministry at NIS 60 billion ($17.5 billion) - a 38% increase - and the Health Ministry at NIS 38 billion ($11.1 billion), a 60% increase.

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