India, Israel important partners: Israeli envoy

New Delhi, Jul. 25 (PTI) India and Israel have quickly become important partners and the similarities between the two countries make them compatible rather than competitors, said today the envoy Israeli in India, Daniel Carmon.

"India is rapidly becoming an important partner for Israel and vice versa," he added.

"India is rapidly becoming an important partner for Israel and vice versa."

He was speaking at the Indo-Israel Conclave on Innovation organized here.

" Looking at the relations between India and Israel, from agricultural projects (like) the establishment of dozens of centers of excellence across India to the manufacture of defense equipment, to companies As the cleaning of the Yamuna (river) with the help of Israeli technology, Israel proves to be India's reliable technology "Affirming that science and technology are fundamental to the economic development of India. Israel, Carmon said that it was impossible to compete in the global market without technological capabilities. "

Over the years, India and Israel saw an up-swing. last year, Prime Minister Narendra Modi went to Israel while his Israeli counterpart B Stupid Netanyahu was visiting India this year.

During his visit, India and Israel signed an agreement to create an innovation fund. annually for five years. The Innovation Fund will be led by a Joint Council composed of four members from each country.

The Memorandum of Understanding provides for the promotion of bilateral co-operation in industrial research and development and innovation in the scientific and technological fields. Ashutosh Sharma, Secretary of the Department of Science and Technology, said that India had strong strengths in science and technology, which is indicated by various measures like India is the number five of the region with more than 1,00,000 scientific publications, he said, noting that the growth rate of publications in India is 14 percent in comparison
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