Narendra Modi’s Israel visit said to spur missile deals as ties deepen

IN BUZZING STORIESIn Buzzing Stories, Defence, Latest, News Updates On
- Updated
Israel

India is close to signing two defence deals with Israel as it seeks to deepen ties with the Middle Eastern nation before Prime Minister Narendra Modi’s visit in July, according to people with knowledge of the matter.

The deals include anti-tank missiles and a naval air defence weapon system, the people said, asking not to be identified given the information is private. Still, the plan for the first trip to Israel by an Indian prime minister indicates that cooperation goes beyond Delhi’s status as the largest buyer of Israeli military hardware.

“The visit is a big milestone,” said Shailesh Kumar, senior Asia analyst at political risk firm Eurasia Group. “Officials in both countries believe they face a common external threat: terrorism. Working with Israel fits into Modi’s bigger pivot of deeper relations with the US given the US-Israel friendship.”The deals for Spike anti-tank missiles for India’s army and Barak-8 air defence missiles for its navy are expected to be finalized in the next two months, the people said. The pacts are worth $1.5 billion, they said, and will see the delivery of the 8,000 missiles will begin two years after the contracts are signed.They’re part of Modi’s $250-billion plan to modernize the armed forces by 2025 amid tensions with neighbours China and Pakistan.

Read More…

 

Credit By : Livemint

You may also read!

India, Japan target maritime security pact during Shinzo Abe’s September visit

India and Japan hope to put in place a maritime security pact when PM Shinzo Abe visits mid-September

Read More...

New Delhi’s Dollar Diplomacy Takes Off, Challenges Beijing

Although a late starter, India is fast catching up with China in extending credit world over to build

Read More...

Army To Host Big Event For Small Cos This Week As It Cuts Imports

The Army is looking to procure components and subsystems of crucial equipment such as tanks, artillery and guns from

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu