Israel has no concerns about Adani Group’s plans, says Israeli minister Nir Barkat

Israel has no concerns about Adani Group’s plans, says Israeli minister Nir Barkat

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Israel on Adani Group Plans: Israel’s Economy Minister Nir Barkat has come to New Delhi on a four-day visit to strengthen bilateral relations with India. During his visit, Nir Barkat will discuss the proposed Free Trade Agreement (FTA) between Israel and India. He said that Israel considers India as its reliable friend and his country is encouraging more Israeli companies to set up offices in India.

Israel unfazed by Hindenburg’s report on Adani Group

Along with this, Nir Barkat said that our country has no concerns about Adani Group’s plans to expand its presence in Israel. Let us tell that recently the Adani Group had taken over the management of Israel’s Haifa Port. This deal was completed at a time when Adani Group was accused of manipulation of Hindenburg report, due to which Adani Group’s shares registered a huge fall. However, Israel is unconcerned by this.

Israel trusts Indian businessmen: Nir Barkat

Nir Barkat said in a special conversation with news agency ANI that Israel has given permission to an Indian company to acquire one of the two Israeli ports. He said that this is proof that we trust Indian businessmen. We have faith in the Government of India. I would like to welcome more investors to invest in Israel. Nir Barkat said that investing is a win-win situation for both India and Israel. This is a good thing considering the interests of both the countries.

Adani Group partners with Israel’s Gadot Group

Let us tell that Adani Group has partnered with Israel’s Gadot Group. In this way, Adani has acquired the right to buy 100 percent shares of Haifa Port Company Limited. It is noteworthy that Israel’s Haifa Port is the country’s second largest port in terms of shipping containers. It is the largest port in shipping tourist cruise ships. Earlier this month, Ron Malka, former Israeli ambassador to India, was appointed as the executive chairman of the Haifa Port, owned by the Adani Group and its Israeli partner Gadot Group.

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