Israel Allocates 4 Million NIS to Strengthen Tourism Cooperation with India and Advance Bilateral MoU
The Government of Israel has approved a new initiative to deepen tourism cooperation with India, including a dedicated allocation of 4 million NIS by the Israel Ministry of Tourism to expand activity in the Indian market and advance the signing of a bilateral Memorandum of Understanding (MoU) in tourism- subject to parallel allocation by the Government of India. Funding Commitment: The Government of Israel has approved an allocation of 4 million NIS to strengthen tourism cooperation with India. Bilateral MoU: This funding supports the advancement of a Memorandum of Understanding (MoU) in tourism, contingent on parallel support from the Government of India. Joint Working Group: Plans include establishing a joint working group to: - Enhance policy dialogue - Develop joint tourism products - Increase travel flows between the two countries Focus Areas: Leisure, family, business, and MICE (Meetings, Incentives, Conferences, Exhibitions) segments. Visa Facilitation: The Israel Ministry of Tourism will review visa processes with relevant authorities to ease travel procedures for Indian visitors, aiming to boost long-term inbound tourism. This initiative signals a significant step toward deepening cultural and economic ties between Israel and India through tourism.
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