Thank you for believing in Israel, we believe in India: Netanyahu

January 15, 2018 20:50

Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu address a business summit in New Delhi.

Here are some of the highlights of their address.

Prime Minister Narendra Modi

- I have had fruitful interactions with the CEOs of both countries. The role of business and industry is crucial in the transformation of our time

- I have always had a deep regard for Israel and its people. I visited Israel in 2006 as CM of Gujarat. Last year in July, I visited Israel. I experienced the remarkable spirit of innovation, enterprise and perseverance that drives Israel

- In India, we have been taking steady steps over three years at both macro as well as micro level, to make a difference. Our motto is -- Reform, Perform and Transform

- Today we have emerged as the 6th largest manufacturing nation but we are not done yet

- We have worked sincerely on ease of doing businesses in India. The results are there for everyone for to see

- India-Israel Innovation Bridge will act as link between start-ups of the two sides. I have been saying that Indian industries, start-ups and academic institutions must collaborate with their Israeli counterparts to access the huge reservoir of knowledge

- We want to do more and better. To enable entry of capital and technology, most of the sectors including defence, have been opened for FDI. More than 90 percent of the FDI approvals have been put on automatic route. We are now among the most open economies

Israeli Prime Minister Benjamin Netanyahu

- It is an added pleasure to be with the CEOs of both countries

- You have brilliant people in India. We have brilliant people in Israel. What we can do, is shape the future together. I believe in India. I came here to say today thank you PM Modi for believing in Israel, we believe in India

- There is not going to be anymore distinction between high tech and low tech because at the end everything is going to be technology

- PM Modi, dear friend, friend of Israel, thank you for your magnificent hospitality and friendship

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