Monday, 23 April, 2018

India may revive canceled $500 million deal for Israeli missiles

Prime Minister Benjamin Netanyahu speaks at the Globes Business Conference at the Jerusalem Convention Center India says $500 million missile deal with Israel will move ahead
Sammy Stanley | 12 January, 2018, 18:35

The deepening of ties in vital areas of trade and defence, including a possible signing of a multi- million dollar Israeli anti-tank missile deal, are on the table during Israeli Prime Minister Benjamin Netanyahu visit, which comes days after India voted against Israel at the United Nations on the Jerusalem issue. "It will not influence the relationship as it is more important than one vote here and there", he added.

"I think everybody can see that".

The envoy also said that sometimes India comes with a request (at the UN) and sometimes Israel does.

Israeli Prime Minister Benjamin Netanyahu begins a six-day visit to India on Sunday hoping to boost trade ties and iron out differences arising from New Delhi's decision to scrap a defense deal, officials from both countries said.

"We can not always fulfil those requests".

Indian PM Narendra Modi and his Israeli counterpart Benjamin Netanyahu greet each other at Ben-Gurion International Airport, July 2017.

During his stay, he will also visit Gujarat and Mumbai.

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Last month, India joined the overwhelming Assembly majority to vote for the resolution that demanded that the United States comply with Security Council decisions against changing the status of Jerusalem.

When asked about the impact of India?s recent decision to cancel a half a billion dollars defence deal related to development of spike antitank guided missiles, the Israeli leader said, "I think you are going to see an expansion of economic and other ties regardless of this or that deal".

However, Delhi is now examining whether to purchase the weapons missiles through a government-to-government deal, the Press Trust India news agency reported, quoting unnamed official sources.

The two countries have grown closer since Narendra Modi became Indian prime minister in 2014, widening commercial cooperation beyond their longstanding defense ties.

The Ambassador mentioned Israel's support to the Indian candidate for the International Court of Justice, Judge Dalveer Bhandari, last year.

Netanyahu will be accompanied by a 130-member delegation drawn from the cyber and agriculture sectors as well as from defense.

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