Tag Archive for economic cooperation

| October 21, 2015
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China: Israel’s Land of Opportunity for Exports

 

With China retaining one of the fastest GNP growth rates in the world & its middle class significantly growing every year, the country remains one of the world’s most important emerging markets and has massive economic potential for Israel’s exports.

By Moshe Glantz, Alexandra Lokash

 

In spite of numerous events in China during the last year – an economic downturn, economic reform and a national campaign against corruption – the country retains one of the fastest GNP growth rates in the world. The middle class in China has significant spending power, which continues to grow and draw attention from Israel. Continue Reading »

Category: Israel News | Tags: ,
| October 14, 2015
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‘India condemns terrorism’ declares President Mukherjee during historic visit to Jewish State

 

The President of India, Shri Pranab Mukherjee visits Yad Veshem with Israeli President Reuven Rivlin during his historic first visit to Israel. 

By i24news

 

Israel’s President Reuven Rivlin received the President of the Republic of India, Pranab Mukherjee, on the latter’s first state visit to Israel. In his greeting to the Indian leader, Rivlin mentioned the problems that both countries face in the security arena, saying: “We are working together to protect the security of both nations from terrorism and fundamentalism.”

The President of India, Shri Pranab Mukherjee visits Yad Veshem with Israeli President Reuven Rivlin during  historic first visit to Jerusalem, October 14, 2015 – Photo: Mark Nyman/Government Press Office

Mukherjee responded with a statement alluding to the current security situation in Israel, declaring that “India condemns any kind of terrorism, and we always hope for a non-violent solution to all the problems.” Continue Reading »

Category: Israel News | Tags: , , ,
| October 14, 2015
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Several Gulf States Attempting to Aquire Israel’s Iron Dome

 

In a deal that could be worth hundreds of billions of dollars, several Arab states are seeking to purchase the Israeli-developed anti-missile defense system, in defense to Iran’s growing arsenal, and regional agenda.

By Ynet

 

Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Qatar, and Kuwait are attempting to purchase the Israeli-developed Iron Dome missile defense system in light of the threat of Iran’s growing rocket arsenal, Sky News reported on Wednesday.

The deal’s scope, if it were to take place, is estimated to be tens, perhaps hundreds of billions of dollars.

Iron Dome in Beersheba. – Photo: Herzel Yosef

According to the report, the six countries, members of the Gulf Cooperation Council, are conducting talks through American intermediaries, including Raytheon – which has worked with Israeli manufacturer Rafael and has helped market the Iron Dome system in the US. Continue Reading »

Category: Israel News | Tags: ,
| October 9, 2015
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Israeli lawyers expedite new China trade protocol worth billions

 

In newly agreed business protocol between the Jewish State and China, Israeli lawyers are tackling legal & cultural issues with a greater perspective than ever before.

By YONAH JEREMY BOB

 

As trade encouraged by a financial protocol between the Israeli and Chinese governments rises into the billions of dollars annually, Israeli lawyers are tackling legal and cultural issues that arise in business between the two nations with greater perspective than ever before.

MORAN YOSEF – Photo: RAM TOREN

Ram Toren and Moran Yosef of Gideon Fisher and Partners explained in a recent interview with The Jerusalem Post that the protocol, though also being used in trade with Vietnam, is not business as usual and is designed to soften up the market by providing loans on unusually good terms to companies doing business with China. Continue Reading »

Category: Israel News | Tags: ,
| October 7, 2015
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Beverly Hills follows other California cities in strategic agreement with Israel

 

Israel to provide cybersecurity expertise and water conservation know-how to the Beverly Hills municipality, with hopes of future deals that may bring millions of dollars to Israel’s coffers. 

By Itamar Eichner

 

At a time when the word agreement is mentioned in the United States primarily in the Iranian context, it was the Beverly Hills municipality that has unanimously passed a resolution to sign a strategic agreement with the Israel a few days ago.

Entrance toco – Photo: Peter Halmagyi

The vote on the resolution to sign the agreement, that will formalize cooperation in the fields of water conservation and cybersecurity, was accompanied by voters’ cheers. Continue Reading »

Category: Israel News | Tags: , , , , ,
| August 26, 2015
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India’s Foreign Minister Displays Classic Arab-Israel Juggling in Egypt

 

Since establishment of diplomatic relations between Israel & India in 1992, defense & agriculture have become the main pillars of bilateral engagements, notably among them being the Barak-I missile system for the Indian Navy.

By HERB KEINON

 

India displayed its Mideast juggling this week as the country’s foreign minister said in Egypt Tuesday that India continued to support the Palestinian cause, just days after an Indian naval warship docked at Haifa in what New Delhi said was a sign of the “robust” ties between the two states.

Indian Foreign Minister Sushma Swaraj, during a trip to Egypt on Tuesday, said that “our strong traditional support to the Palestinian cause remains unwavering even as we pursue good relations with Israel.” Continue Reading »

Category: Israel News | Tags: ,
| August 25, 2015
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Jewish State ‘very interested’ in assisting the Kurds

 

Mid-East Analyst : Crude oil purchases act as covert way for Israel to provide aid to Iraqi Kurds.

By ARIEL BEN SOLOMON

 

News published in theFinancial Times on Sunday that Israel imports most of its oil from Iraq’s Kurdish areas came as no shock to those following the secretive Israel-Kurd relationship.

“The news is not so surprising, as it has been going on for some time,” Prof. Ofra Bengio, editor of the book Kurdish Awakening: Nation-Building in a Fragmented Homeland, told The Jerusalem Post on Monday.

A KURDISH Peshmerga soldier holds a Kurdistan flag during an intensive security deployment after clashes with Islamic State militants.-

Continue Reading »
Category: Mid-East News | Tags: , , , ,
| August 19, 2015
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Israel trains India’s future leaders to make country next “Start Up Nation”

view videoIsrael’s Ambassador to India, Daniel Carmon, expressed his country’s support in helping India become the next start-up nation.

By 

 

On the occasion India’s 69th Independence Day on August 15, 2015, Prime Minister Narendra Modi launched the initiative “Start Up India, Start Up India”, aimed at encouraging individuals to start new ventures and businesses — not just in technology sector.

Screenshot: NDTV

While Europe has been busy targeting Israeli researchers, artists and filmmakers in recent days, Asian countries like India, China and Japan are taking tangible steps strengthening its ties with Israel.

Last week Norwegian Film festival rejected an Israeli film dealing with disability on the grounds that it “did not deal with occupation” or “discrimination of Palestinians.” Continue Reading »

Category: The Diaspora | Tags: , ,
| August 18, 2015
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Haifa Port to Receive Its Largest Container Ship Ever

Originating in South Korea, the 2M Alliance’s Gustav Maersk, will call at Haifa Port on 15th October, representing a new era of economic cooperation, where imports from East Asia are 2nd only to Europe’s.

Ynetnews

 

On October 15th, the largest container ship to ever dock at an Israeli port will enter Haifa Port. The immense Gustav Maersk is 367 meters in length and has a maximum capacity of 10,000 TEU. 

Container ship approaching Haifa Port – Photo: PR

The ship is owned by the massive 2M Alliance, which is formed by the world’s two biggest shipping companies: the Danish Maersk, and the Swiss MSC.  Continue Reading »

Category: Israel News | Tags: , , , ,
| August 14, 2015
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Dubai teams with Israel to supply tourists with rent-a-car

Since Dubai isn’t on the ‘Enemy State’ list like Syria, Iran, Iraq & Lebanon, it’s internet company will offer services in Israel to tourists.

By NIV ELIS

 

A Dubai-based Internet company on Thursday announced that it would offer services in Israel, an unusual move given that the United Arab Emirates and Israel have no formal diplomatic or economic relations.

Dubai from Burj Khalifa – Photo: REUTERS

The company, travelauto.com, is an online marketplace for car rentals, allowing users to select from a variety of local car rentals through their web portal. Though the company will not be opening an office in Israel, it sent representatives to Israel to vet the local rental providers and sign deals with them. Continue Reading »

Category: Israel News | Tags: , , ,
| July 28, 2015
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Israel and Cyprus Consider Linking Natural Gas & Electricity to European Markets

Cyprus to expand cooperation in energy issues and security with Jerusalem after uncovering  covert Iranian terror plot across Europe from arrested Hezbollah agent in Larnaca.

By REUTERS

 

NICOSIA – Israel and Cyprus agreed on Tuesday to expand their cooperation on energy issues, including the use of pipelines and electricity grids to link to European markets, as both countries develop natural gas fields off their coasts.

Israel Cyprus

PM Netanyahu with Cypriot President Nikos Anastasiades – Photo: KOBI GIDEON/GPO

Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nicos Anastasiades said they would seek to tap the potential of natural gas in the sea bed beneath both countries.

Continue Reading »
Category: Israel News | Tags: , , , , ,
| July 24, 2015
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Prime Minister Stephen Harper Expands Canada-Israel Free Trade Agreement

PM Harper welcomed the new treaty that replaces a 1997 agreement, saying, “Israel is a priority market for Canada and holds great potential for Canadian companies in a variety of sectors.”

By Shlomo Cesana

 

Prime Minister Benjamin Netanyahu spoke with Canadian Prime Minister Stephen Harper on Tuesday evening, following the conclusion of negotiations to expand and modernize the Canada-Israel Free Trade Agreement.

Prime Minister Benjamin Netanyahu and Canadian Prime Minister Stephen Harper [Archive] – Photo: Dudi Vaaknin

“Canada is one of Israel’s closest friends,” Netanyahu said. “We deeply appreciate our extensive and deep cooperation with the Canadian government, which has flourished in recent years and of which the free trade agreement is but one example. Continue Reading »

Category: Israel News | Tags: ,
| June 19, 2015
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100 major German company heads to visit Israel at month’s end

Celebrating 50 years of diplomatic relations between the two countries, German’s leading industry leaders will enjoy a 2-day innovation conference with cutting-edge Israeli researchers.

By Shlomo Cesana

 

While many in Europe are calling for a boycott of Israel, a delegation of 100 German industry leaders is preparing for a trip to Israel to meet with top businesspeople in an extraordinary show of support for the Jewish state, marking 50 years of diplomatic relations between the two countries.

Israel’s Commercial Attaché in Berlin Hemdat Sagi – Photo: Boaz Arad

Some of the companies to be represented in the group that arrives in 10 days’ time are SAP SE, BMW, Bosch, Deutsche Bank, Deutsche Telekom, Merck & Co., Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , , , ,
| May 21, 2015
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India Reports Deal Soon To Be Sealed on Joint Missile Development With Israel

The Times of India reported Thursday morning that India and Israel are close to signing a deal on developing a joint missile system.

By Moshe Cohen

 

Israel and India are close to a deal on developing a joint missile system, the Times of India reported Thursday.

PM Netanyahu with India’s PM Narendra Modi – Photo: Avi Ohayon/GPO

Negotiators had “virtually sealed” the deal for medium-range surface-to-air missile system (MR-SAM) missiles which the Indian Army will purchase from Israeli developers, including Israel Aerospace Industries. The manufacturing will mostly take part in India.

Over the past 15 years, Israel has sold over $10 billion in defense systems and arms to India making Israel “among the top defense suppliers to India,” the Times of India said.

Continue Reading »
Category: Israel News | Tags: , , , , , , , ,
| May 20, 2015
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Israel & Ontario celebrate decade of successful bilateral R&D projects

Canadian province invests another $6 million in joint projects with Israel that focuses on clean technologies and medical devices.

By Ynet

 

A decade-long research and development partnership between Israel and Ontario has received by a six million-dollar investment in joint Israeli-Canadian R&D projects from the Canadian province.

Reza Moridi, left, and Avi Hasson (Photo: Yossi Aloni)Reza Moridi, left, and Avi Hasson – Photo: Yossi Aloni

Ontario’s Minister of Research and Innovation Reza Moridi visited Israel last week to announce the investment.

The partnership program, according to a memorandum of understanding signed 10 years ago, will continue to support projects with a strong economic focus, in the fields of medical devices, information and communication technologies, clean technologies and life sciences. Continue Reading »

Category: Israel News | Tags: , , ,
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