Tag Archive for Memorandum of Understanding

| June 17, 2019
No comments

Arizona opens trade office in Israel after doubling trade since 2010

Arizona, the ‘Startup State’ signed a memorandum of understanding in 2018 to work closer with the Jewish ‘Startup Nation,’ planning to focus on startups, water-technologies, fintech, hi-tech and the defense & aerospace industries.

By i24NEWS

 

Arizona has approved the establishment of a new trade office in Israel, which is currently listed as the state’s ninth largest trading partner, totaling some $400 million in 2017.

Arizona Governor Doug Ducey approved a $275,000 budget for the new office, with $100,000 of it for initial setup funding, to be allocated in the fiscal year of 2019-2020, which begins in July 1, according to the Arizona Chamber of Commerce & Industry said in a statement. Continue Reading »

Category: Israel News | Tags: , , , ,
| October 20, 2017
No comments

Done Deal: Israel signs new MoU for more German Dolphin class submarines

This version of Memorandum of Understanding enables Germany to withdraw if developments on corruption case in Israel shows cause, and allows Israel to purchase another 3 Dolphins, in addition to the 6 already acquired.

By Ronen Bergman

 

Germany approved a secret Memorandum of Understanding Thursday night with Israel which will see the latter purchase three more Dolphin submarines, on top of the six already previously acquired, Yedioth Ahronoth has learned.

Israel navy Dolphine class sub. – Photo: IDF Spokesperson’s Unit

The MoU underwent several changes in the last week following pressure exerted by senior German officials who sought to create a framework which would enable Germany to easily pull out of the deal in accordance with developments relating to the ongoing investigation into the submarine scandal investigation, also known as Case 3000. Continue Reading »

Category: Israel News | Tags: , , ,