India signs investment deal with Israel amid Gaza genocide allegations

Gaza: India and Israel have signed a bilateral investment agreement to boosting trade and economic collaboration, during this visit by far-right Israeli Finance Minister Bezalel Smotrich to New Delhi.

The deal has been signed with Indian Minister of Corporate Affairs Nirmala Sitharaman, seeks to enhance cooperation in key sectors including cybersecurity, defence, innovation, and high-tech industries so far. Both countries hailed the agreement as a strategic step forward, with India’s Ministry of Finance calling it a historic milestone and Smotrich emphasizing the promise to economic growth, innovation and mutual prosperity. 

This move signs the deepening ties between both the nations under India’s Prime Minister Narendra Modi, who has aligned New Delhi with Tel Aviv in recent years so far.

But, The timing of the agreement has lead to criticism, because Israel’s ongoing military campaign in Gaza, widely condemned as genocidal by international human rights groups and governments. Almost 64,000 Palestinians have reportedly been killed since the war began in passed year in October 2023,rompting global outrage and calls for accountability, sources.

Smotrich has been sanctioned by several Western countries for the support of illegal Israeli settlements in the occupied West Bank, ongoing play a central role in shaping Israel’s economic diplomacy. Critics argue that the agreement not only overlooks the humanitarian catastrophe in Gaza but also legitimizes an Israeli government increasingly isolated on the world stage.