UPI in Israel, FTA on Horizon: PM Modi's Israel Visit Unlocked a New Era of India-Israel Cooperation

Brief by Shorts91 Newsdesk / 02:12pm on 26 Feb 2026,Thursday India Global

Prime Minister Narendra Modi's two-day Israel visit yielded landmark outcomes, elevating India-Israel ties to a "Special Strategic Partnership for Peace, Innovation, and Prosperity." A major highlight was the agreement to introduce UPI digital payments in Israel, alongside progress on a mutually beneficial Free Trade Agreement. Both nations signed multiple agreements covering trade, agriculture, energy, cyberspace, and defence, including joint development and production of military hardware. Modi strongly backed the Gaza Peace Initiative, asserting humanity must never fall victim to conflict. India and Israel also announced a critical and emerging technologies partnership spanning AI, quantum computing, and critical minerals. Discussions also covered the India-Middle East-Europe Economic Corridor and I2U2 framework cooperation.

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