Azerbaijan seeks bigger global investment role ahead of Baku forum
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan Inter...
Indian Prime Minister Narendra Modi arrived in Israel on Wednesday for a two-day visit, becoming the first Indian premier to address the Knesset. He praised the “vital” India–Israel ties and reaffirmed solidarity amid regional tensions.
Modi, the first Indian premier to address the Israeli parliament, highlighted the deep historical ties between the countries. “India and Israel are linked by ties that go back more than 2,000 years,” he told lawmakers. He also emphasised India’s solidarity with Israel amid ongoing regional tensions: “We feel your pain, we share your grief. India stands with Israel firmly, with full conviction in this moment and beyond.”
Israeli Prime Minister Netanyahu, speaking alongside Modi at the Knesset, described the two countries’ relationship as a “tremendous alliance,” thanking India for “standing by” Israel after Hamas’s attacks in October 2023.
Modi expressed support for U.S. President Donald Trump’s Gaza peace plan, describing it as a framework that “offers a pathway” to a just and durable peace in the region. “The plan holds the promise of addressing the Palestine issue and ensuring lasting peace for all people of the region,” he said.
On the bilateral front, Modi underscored India’s commitment to expanding trade, strengthening investment flows, and promoting joint infrastructure development. He noted that teams from both countries are negotiating an ambitious India–Israel Free Trade Agreement (FTA) that “will unlock the vast untapped potential in our trade relationship.”
The premier also highlighted cooperation in agricultural technology, defence, and security, referencing a pact signed last November aimed at boosting collaboration in these sectors. “In today’s uncertain world, a strong defence partnership between trusted partners like India and Israel is of vital importance,” he said.
Awarded ‘Medal of the Knesset’
In recognition of his efforts to strengthen India–Israel ties, Modi became the first recipient of the “Medal of the Knesset”, awarded by Israeli parliamentary Speaker Amir Ohana. Modi accepted the honour on social media, writing, “This honour is not a tribute to an individual, but to the enduring friendship between India and Israel.”
Regional security concerns
The visit coincides with a U.S. naval deployment near Iran's coast ahead of possible military strikes as Washington and Tehran remain at an impasse in talks over Iran's nuclear programme.
The Pentagon has also deployed an aircraft carrier to the Mediterranean, which is bound for Israel's coast.
A U.S. attack on Iran could draw Iranian retaliation targeting Israel as well as U.S. military facilities in Gulf Arab countries, where millions of Indians live and work and send home billions of dollars of remittances each year.
Kabir Taneja, of the Observer Research Foundation, an Indian think-tank, said that New Delhi did not want to see conflict in the region.
"I'm sure those kind of messages have been delivered in the past and will be delivered during this visit as well," he said.
The Israeli foreign ministry official said discussions with a "regional aspect" would likely take place during the visit.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan International Investment Forum in Baku this September.
Iran and Pakistan discussed developments in stalled Iran-U.S. negotiations during a visit to Tehran by Pakistani Interior Minister Mohsen Raza Naqvi, amid Islamabad’s ongoing mediation efforts.
President of Azerbaijan Ilham Aliyev held a telephone conversation with French President Emmanuel Macron on Thursday (21 May), with both leaders discussing bilateral ties, regional developments and ongoing peace efforts in the South Caucasus.
Georgia’s parliament speaker has accused Britain of “blatant hypocrisy” after London quietly allowed Russian-origin oil products into the country - a move UK officials had reportedly urged Tbilisi to avoid.
Turkish Foreign Minister Hakan Fidan will attend a meeting of NATO foreign ministers in the Swedish city of Helsingborg on Thursday and Friday, diplomatic sources said.
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