India has given a grant of five million US Dollars to Palestine as Budgetary assistance.

It was given Indian President Pranab Mukherjee to his is Palestinian counterpart Mahmoud Abbas in Ramallah. Indian President visited Palestine as part of his three Western Asian countries Jordan, Palestine and Israel.

India has announced 5 projects worth 17.79 million US dollars in Palestine. These projects are $12 million Technology Park at Ramallah, and $1 million India-Palestine Centre for Excellence in Gaza, $4.5 million Palestine Institute for Diplomacy.

India and Palestine also called for a negotiated and peaceful settlement of the Israel-Palestine issue based on internationally agreed on negotiations and UN Security Council