Tag Archive for free trade agreement

REPORT: Trump administration bringing trade war to Israel

Trump’s decision to upgrade the existing agricultural trade agreement should reduce protectionism, opening Israeli markets to more competition & lower prices. That will have great support in Israel, where high consumer costs are a frequent source of frustration that have facilitated numerous state-wide protests.

By Omri Milman, Bloomberg

 

US President Donald Trump’s ambition to change the rules of global trade is not skipping over Israel, according to a report by Bloomberg news. US trade negotiators will be visiting Israel this week for discussions on upgrading the existing agricultural trade agreements and reduce tariffs for American farm exports to Israel.

Under the existing agreement, “virtually any product produced in Israel that can be competitive in the U.S. Continue Reading »

20 yr-old free trade agreement between Israel, Canada modernized

“Historic” free-trade agreement between Israel and Canada updates previous 1997 deal, aiming to double bilateral trade by eliminating duties for thousands of products, among them, canned goods and fresh produce.
• Israeli economy minister: Canada is one of Israel’s best friends and that this new agreement will bring more competition and reduce the cost of living in Israel.

By Eran Bar-Tal

 

Israel and Canada on Monday signed a modernized free trade agreement in what has been described as a historic step in the countries’ bilateral relations.

Canadian International Trade Minister Francois-Phillippe Champagne and Israeli Economy Minister Eli Cohen signed the revised agreement, officially referred to as the Canada-Israel Free Trade Agreement, at the Montreal’s Federation CJA’s Gelber Conference Center. Continue Reading »

Israel, Russia negotiating free trade agreement

 

By DANA SOMBERG

 

Russia and Israel are planning to ink a free trade agreement in the very near future, a Kremlin official is quoted as telling the Russian news agency TASS on Friday.

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