International RelationsEconomy
News 0 of 22

India-Israel FTA Talks: Second Round Concluded, Bilateral Trade at $3.93 Billion (2025-26)

Target:UPSC GS-IIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
24 Jul 2026
~2 min
Source: The Hindu
Key Data:$3.93 billion (bilateral trade 2025-26)Second round of FTA negotiationsJuly 20-23, 2026 (negotiation dates)
Practice MCQs from today's news ▸
What This Article Covers

1.Second round of India-Israel FTA negotiations concluded in New Delhi (July 20-23, 2026).

2.Key areas covered: trade in goods & services, rules of origin, SPS measures, TBT, IPR, customs, trade facilitation.

3.Bilateral merchandise trade between India and Israel stood at $3.93 billion in 2025-26.

The Big Picture
Prelims · HighMains · Medium

India and Israel have concluded the second round of FTA negotiations in New Delhi (July 20-23, 2026). The proposed agreement covers trade in goods, services, IPR, customs, and rules of origin. Bilateral merchandise trade stood at $3.93 billion in 2025-26. This is a significant step for India's trade diversification strategy in West Asia.

Exam Lens

Quick Exam Facts From News

Negotiation RoundSecond Round
Negotiation DatesJuly 20-23, 2026
LocationNew Delhi
Bilateral Trade (2025-26)$3.93 billion

1-Minute Revision

  • ›Negotiation Round: Second Round
  • ›Negotiation Dates: July 20-23, 2026
  • ›Target this Data: $3.93 billion (bilateral merchandise trade in 2025-26)
  • ›Target this Event: Second round of India-Israel FTA negotiations (July 20-23, 2026, New Delhi)
  • ›Target this Nodal Body: Ministry of Commerce and Industry (India)

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which ministry is primarily responsible for leading India's Free Trade Agreement (FTA) negotiations?

Q2Statement-basedHard

Consider the following statements regarding the India-Israel FTA negotiations:

1. The second round of negotiations was held in Tel Aviv, Israel.

2. The proposed FTA covers areas including trade in goods and services, rules of origin, and intellectual property rights.

3. Bilateral merchandise trade between India and Israel stood at $3.93 billion in 2025-26.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what was the total bilateral merchandise trade between India and Israel in 2025-26?

Q4Application/ImpactMedium

What is the primary objective of the proposed India-Israel Free Trade Agreement as mentioned in the news?

All 25 MCQs ▸
You finished this topic
Explore Related Topics
Related Current Affairs
Economy Current Affairs

India-Canada CEPA Talks: 5th Round From Oct 5, $70B Trade Target by 2030

India and Canada are fast-tracking negotiations for a Comprehensive Economic Partnership Agreement (CEPA) with the fifth round starting October 5, 2026. Both sides aim to conclude by end of 2026 and double bilateral trade to $70 billion by 2030, up from $30.4 billion in 2025. This signals India's proactive trade diversification strategy, relevant for IR and Economy syllabus.

Intl. Relations Current Affairs

India-China Bilateral Trade Reaches $125 Bn (22.6% YoY) Post Xi-Modi Meet; BRICS AI Plan

The September 12, 2026 Xi-Modi meeting in New Delhi signals a diplomatic thaw in India-China relations. Bilateral trade surged to $125 billion (Jan-Aug 2026) with Indian exports up 41%. China also proposed a BRICS AI open-source initiative, offering rich fodder for UPSC topics on IR, economy, and technology governance.

Intl. Relations Current Affairs

India-Canada CEPA Talks Fast-Tracked; $50 Bn Trade Target by 2030, PM Modi Visit in Dec 2026

India and Canada are accelerating efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) ahead of PM Modi's proposed visit to Canada in December 2026. Both sides aim to expand bilateral trade to $50 billion by 2030 and have launched a strategy focusing on nuclear energy, critical minerals, clean energy, and allied sectors. This marks a major reset in ties after the 2023 diplomatic row.

Intl. Relations Current Affairs

Iran President Pezeshkian to Attend 18th BRICS Summit in India; Bilateral Talks on Chabahar and Strait of Hormuz

Iran President Masoud Pezeshkian will visit India for the 18th BRICS Summit (Sept 12-13, 2026), marking his first visit since the Iran-US conflict. Key agenda includes bilateral talks on Chabahar port development and safety of Indian seafarers in the Strait of Hormuz. This is crucial for India's energy security and West Asia diplomacy.

Intl. Relations Current Affairs

India-Russia Set $100 Billion Trade Target by 2030; Jaishankar Meets Putin on Energy, Fertilisers, High-Tech

Ahead of the SCO and BRICS summits, EAM Jaishankar meets Putin to deepen bilateral ties in energy, fertilisers, and high-tech. India-Russia set a $100 billion trade target by 2030, with trade reaching a record $68.7 billion in FY2024-25. This is critical for India's energy security, fertiliser imports, and strategic autonomy.

Intl. Relations Current Affairs

India-Belgium Strengthen Defence & Fintech Ties, Agree to Double $13.01 Bn Bilateral Trade

India and Belgium agreed to expand defence ties including co-development and co-production, set up an Investment Fast-Track Mechanism, and aim to double bilateral trade over five years. PM Modi hosted Belgian PM Bart De Wever in Delhi, a visit described as the first by a Belgian PM in two decades. Key data points — $13.01 bn trade, $4.2 bn FDI, and 7.8% GDP growth — make this relevant for prelims and mains IR/economy questions.

Intl. Relations Current Affairs

PM Modi Russia Bilateral: $100 Bn Trade Target by 2030, India Offers Peace Assistance

PM Modi assured Russia of India's readiness to assist in peace efforts for the Ukraine conflict and accepted President Putin's invitation for the 24th India-Russia Annual Summit. Key outcomes include a bilateral trade target of $100 billion by 2030 and cooperation in nuclear energy, railways, and critical minerals.

Intl. Relations Current Affairs

Brazil-India Trade Nears $20 Billion, BRICS Not Anti-Western, Says Brazil FM

Brazil's Foreign Minister Mauro Vieira highlights rapidly growing Brazil-India bilateral trade, nearing $20 billion with a $30 billion target by 2030. He clarifies that BRICS is not an anti-Western bloc and has no intention to replace the US dollar, while the New Development Bank aims to reform global governance. The interview also covers the pause in BRICS expansion and Brazil's deepening engagement with ASEAN.