Wishesh magazine february 2018 Wishesh magazine february 2018 | Page 95

from the conversation are as
follows:
Strengthen existing
cooperation:
The two countries will
strengthen the existing pillars
of cooperation in areas
that touch the lives of our
peoples.
These are agriculture,
science and technology, and
security.
Launch of ‘India-
Israel Industrial
R&D and
Technological
Innovation Fund
(i4F)’:
Amitabh Bachchan. Later he
went for a gala dinner in a
south Mumbai five-star hotel.
What are the
major takeaways
from Israeli Prime
Minister, Benjamin
Netanyahu’s visit to
India?
Both the Prime ministers
reviewed the progress relations
and renewed conversation
on the possibilities and the
opportunities that can be
seized. The major takeaways
The maiden call for joint R&D
projects under the ‘India-
Israel Industrial R&D and
Technological Innovation
Fund (i4F)’ was launched.
This Fund is to be utilized
over a period of 5 years,
in pursuit of path-breaking
technological solutions
that can be commercially
exploited.
Scaling up Centers
of Excellence:
Views were exchanged on
scaling up the Centers of
Excellence that have been
a main-stay of agricultural
cooperation by bringing in
advanced Israeli practices and
technology.
Venture of FDI
regime:
In defence, India has invited
Israeli companies to take
advantage of the liberalized FDI
regime to make more in Indian
companies.
Venture of less
explored areas of
cooperation:
The two countries are venturing
into less explored areas of
cooperation, such as oil& gas,
cyber security, films, and start-
ups.
This can be reflected in
the agreements that were
exchanged, several of these
areas are indicative of the
desire to diversify and broad-
base engagement.
Facilitate flow of
people and ideas:
The two countries committed
to facilitating the flow of
people and ideas between the
geographies.
It requires policy facilitation,
infrastructure and connectivity
links and fostering
constituencies of support
beyond Government.
FEBRUARY 2018 | WWW.WISHESH.NET