India, July 2 -- Israel should prepare for a new regional security architecture by building a broader alliance stretching from India to the US through West Asia and Europe, a top Israeli defence official said on Wednesday.

Addressing the Herzliya Conference at Reichman University in Tel Aviv, Israel's Ministry of Defence (IMOD) Director General Amir Baram also called for a new US-Israel security Memorandum of Understanding (MoU) built on "hard interests and shared values".

"The war has sharpened, for every actor in the region, the price of Iran's military buildup. It has created a shared interest in forging a broader alliance, from India through the UAE to Greece and Cyprus," he said.

Israel should pursue a tailored force build-up, a b...