In 2007, Israel proposed starting negotiations on a free trade agreement with India, and in 2010, then Indian Prime Minister Manmohan Singh accepted that proposal. The agreement is set to focus on many key economic sectors, including information technology, biotechnology, water management, pharmaceuticals, and agriculture. In 2013, then Israeli Minister of Economy Naftali Bennett projected a doubling of trade from $5 to $10 billion between the two countries, if a free trade agreement was successfully negotiated. As of 2015, negotiations on a free trade agreement continue, with both countries considering negotiating a more narrow free trade agreement on goods, followed by separate agreements on trade in investment and services.