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Israel’s Economy Minister Backs Donald Trump’s Stance On BRICS, Highlights Strong Ties With India

Nir Barkat, Israel Minister of Economy and Industry expressed his support for US president-elect Donald Trump’s recent threat to BRICS countries

Editor Ritam English by Editor Ritam English
Dec 4, 2024, 11:24 am IST
Nir Barkat, Israel Minister of Economy and Industry expressed his support for US president-elect Donald Trump’s recent threat to BRICS countries about their de-dollarisation efforts

Nir Barkat, Israel Minister of Economy and Industry expressed his support for US president-elect Donald Trump’s recent threat to BRICS countries about their de-dollarisation efforts

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Nir Barkat, Israel Minister of Economy and Industry expressed his support for US president-elect Donald Trump’s recent threat to BRICS countries about their de-dollarisation efforts, saying that “I think it’s in the best interest of the free world”.  Barkat stated that, “I think it’s a bold and smart move and I don’t think India is going to be part of any kind of currency, neither will Israel .

He added, “President Trump is making geopolitical order – aligning in the interest of the West and Democracies and also defining who are the bad guys, enemies and jihadists. Iran, Qatar, the proxies in our region that are trying to destabilise peace – it’s not only in the interest of Israel but also for the free world that we align against bullies”.

As Trump prepares to assume charge in Washington, Barkat has expressed his support for Trump’s economic approach. Barkat stated, “I think what President Trump is doing, he is aligning his economy with the geopolitics. In other words, if you are an adversary – you’ll pay heavy taxes but if you are an ally, the doors are open – having a good relationship (of the US) with Israel and India – will only do good to us”.

#WATCH | On president-elect Donald Trump assuming charge in Washington, Israeli minister Nir Barkat says, "I think what President Trump is doing, he is aligning his economy with the geopolitics. In other words, if you are an adversary – you'll pay heavy taxes but if you are an… pic.twitter.com/9jKDCVdQkp

— ANI (@ANI) December 3, 2024

On November 30, Trump threatened the BRICS nations, with 100 % tariffs and called for a clear commitment from these countries to refrain from creating a new currency or supporting any other currency to replace the US dollar. He further said if Israel was concerned about the Adani Group’s investments in Israel following the indictment charges against the group in the US, Barkat said.

Speaking to media on December 3, he highlighted Israel’s innovative prowess and also emphasised the importance of the close relationship between both nations. “Israel is a powerhouse of innovation. The areas we excel in are relevant to the global market. We have advanced industries. The close relationship between Israel and India – government to government and people to people, creates an ecosystem for scaling these ideas in India and influencing the rest of the region and world. India is on the right track,” the Israeli minister said.

Further, Barkat expressed his gratitude to the Indian government for their support during difficult times.

Tags: Nir Barkatsrael Minister of Economy and Industryde-dollarisation effortsBarkat
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