Israel Looking for India's Cooperation in Agriculture Sector, Water Security & Finance

Noting the "special chemistry" between India and Israel, Israel is seeking cooperation with India in various sectors, including agriculture, finance, and water security.

Israel's envoy to India Col Ron Malka said on Friday that both the countries want to see a better and stable world and India as the largest democracy acts as an important factor in stabilizing the world.

"We are looking to invest more and more in innovation and India is an ideal partner because it understands the importance of innovation," he said.

"It is being said sky is the limit but the scope of cooperation between India and Israel is limitless," he added.

He listed out areas of cooperation between India and Israel, focusing mainly agriculture, finance, and water security.

In the agriculture sector, Israel trained farmers in centers of excellence in latest cutting-edge technologies but now Israel is moving towards the second stage of creating 15 "villages of excellence" and bringing cutting-edge technologies to the villages with "precision agriculture".

"We use satellites, drones to know the exact amount of fertilizer and nutrition farms need," he said, delivering a lecture on "India-Israel Relations: Steady Partners in an Unsteady World".

Malka said another area of bilateral cooperation can be water and food security.

He said another field of cooperation is the financial market.

"There can be engagement between Tel Aviv stock market and Bombay Stock Exchange," he added.