Israel-India Alliance Based On Strategic Interests And Mutual Concerns
Israel and India probably do not have what amounts to a strategic alliance, but the two nations have many converging concerns and interests, since both are living in a dangerous environment. The economic relationship between the two countries is impressive when seen in isolation but disappointing by international comparison. Bilateral trade increased from virtually zero in 1992 to current levels at around $5 billion. Almost half of all trade is comprised of the diamond trade.