It takes two to tango, says Israeli official on investment pact with India

Ohad Cohen said, 'Israel can't compete with India. We are simply too small. However, both the countries have diversified economies'

Accompanying Israeli Prime Minister Benjamin Netanyahu on his ongoing visit to India, Foreign Trade Administration Head Ohad Cohen, Israel, tells Subhayan Chakraborty that a bilateral investment pact may be concluded soon. He says Israel has no issues with the current rules of allowing international arbitration to companies only after exhausting all domestic legal options. However, the talks on the trade pact are stuck on market access issues. Edited Excerpts:

When can we expect the proposed bilateral investment treaty between the two countries to be in place?

The government of both countries are currently discussing a bilateral investment