(ORF-India) Alvite Ningthoujam - Israel's ties with Japan have witnessed exponential growth in recent years, with a rising frequency of high-level reciprocal bilateral visits of leaders and a simultaneous expansion of cooperation in the financial-commercial and defense sectors. Bilateral trade reached $3.5 billion in 2021-22. There are about 85 Japanese companies present in Israel, with investments worth $13 billion since 2000, accounting for 15.8% of all foreign investments in the Israeli tech industry. Direct El Al flights between Israel and Tokyo have recently started. Israel and Japan have strong mutual strategic interests to take ties to the next level. This has enabled them to consciously overlook certain political differences, mostly related to the Palestinian issue, which, in reality, has become a diminishing issue. The writer is an assistant professor at Symbiosis International (Deemed University) in Pune, India.
2023-06-01 00:00:00Full ArticleBACK Visit the Daily Alert Archive