Industry Odisha Bureau, Jul 5: In a bid to reportedly boost cross-border investments as well as mark a new phase in economic ties between India and Israel, the Bilateral Investment Agreement (BIA), inked between the two countries reportedly on September 8 last year (2025), came into effect from yesterday this year.
Media reports quoting the press release of India’s Ministry of Finance said that, “The BIA is a landmark step towards strengthening bilateral economic relations and ensuring a secure and predictable investment climate. It is robust in protection of Investment and Investor with respect to their investments while being flexible enough to retain sovereign policy space in line with legitimate public policy objectives, reflecting the modern principles and evolving jurisprudence of international investment law.”
The Indian Ministry of Finance press release also reportedly said that, “The BIA is expected to contribute to increased cross-border investment activity and further deepen the economic partnership between India and Israel.”
Media reports also said that, “India and Israel have renewed efforts to resume negotiations on a Free Trade Agreement (FTA) after this month (July). While negotiations for this trade pact first began in 2010, it has been under discussions for over a decade. However, the two countries formally signed the Terms of Reference (ToR) in November last year (2025) in order to proceed with the latest phase of negotiations.”
