India has signed an economic cooperation agreement with Israel, amid growing criticism of New Delhi’s complicity in Israeli war crimes against Palestinians in the Gaza Strip.
The Bilateral Investment Agreement (BIA), which is aimed at expanding trade ties between the two sides, was signed in New Delhi by India’s Finance Minister Nirmala Sitharaman and his Israeli counterpart Bezalel Smotrich on Monday.
Smotrich was reportedly joined by the ministry’s chief economist, Shmuel Abramzon, and other senior officials, including Accountant General Yali Rothenberg and Director-General Ilan Rom, as well as Israel Securities Authority Chairman Seffy Singer.
The extremist minister is also expected to meet with business representatives and representatives of the Jewish community in the country.
In July, New Delhi and Tel Aviv pledged to enhance their military ties. India is the largest purchaser of Israeli weapons.
In recent years, India has also become a major co-producer of Israeli arms.
Indian human rights activists and scholars have raised concerns about India’s complicity in Israel’s war crimes in Gaza.
The government of Indian Prime Minister Narendra Modi has defended its arms supplies to Israel, citing India’s “national interest.”
Israel has launched a genocidal war on Gaza since October 7, 2023, after Palestinian resistance fighters carried out the surprise Operation Al-Aqsa Storm against the Zionist entity in response to the regime's decades-long campaign of death and destruction against Palestinians.
The regime’s bloody onslaught on Gaza has killed more than 64,522 Palestinians, according to the health ministry.