PM Modi Bets on IMEC, I2U2 to Boost India-Israel Ties, Eyes Special Strategic Partnership

• PM Modi announced India and Israel will inject fresh momentum into regional connectivity initiatives like IMEC and I2U2.
• The two nations aim to elevate bilateral ties to a "special strategic partnership" and expedite a Free Trade Agreement (FTA).
• IMEC, backed by the US and EU, seeks to establish a high-efficiency trade corridor across three continents, countering China's BRI.
• The corridor would connect India to Europe via the Middle East, reducing logistics costs and transit time, and strengthening India's West Asia footprint.
• I2U2 focuses on economic cooperation and technological innovation, bolstering India's integration into regional supply chains.