Jerusalem, Feb. 26 -- India and Israel are set to finalise a mutually beneficial free trade agreement (FTA), Prime Minister Narendra Modi said on Thursday, underscoring the growing depth of bilateral ties while asserting that the two nations will continue to stand shoulder-to-shoulder against terrorism.

"To promote mutual investment, we signed a Bilateral Investment Agreement last year and will soon finalise a mutually beneficial Free Trade Agreement as well," Modi said during a joint press briefing with Israeli Prime Minister Benjamin Netanyahu.

Modi also reaffirmed the two nations' stance against terrorism. "India and Israel stood shoulder-to-shoulder in opposing terrorism and its supporters, and we will continue to do so," he said, add...