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June 13th, 2005
India and Israel have signed an agreement to set up a joint industrial Research and Development fund to encourage investment and joint ventures. ... each side will contribute 1m US dollars each initially to provide risk- free grants to entrepreneurs from both sides.
The two ministers outlined cooperation in the areas of nano-technology, bio-technology, water management, non-conventional energy and space and aeronautics as five priority areas of "common interest" for enhanced collaboration.
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