India, Israel conclude second round of trade pact negotiations

India and Israel have concluded the second round of negotiations for a comprehensive free trade agreement. The talks covered technical areas including goods, services, intellectual property, and customs procedures to deepen bilateral economic ties.
Why it matters
Strengthening trade relations between India and Israel could significantly impact bilateral investment and market access for various sectors.
The second round of negotiations for the proposed free trade agreement (FTA) between India and Israel covering multiple issues such as trade in goods and services, rules of origin, technical barriers, intellectual property rights, customs procedures and trade facilitations has been concluded this week, an official statement said on Friday (July 24, 2026). The negotiations were held here during July 20-23.
“The discussions were constructive and forward-looking, with both sides undertaking detailed technical deliberations aimed at narrowing gaps and identifying areas of convergence,” the Commerce Ministry said. It added that India and Israel share complementarities across several sectors and the proposed FTA presents an opportunity to further enhance bilateral trade and deepen economic integration.
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