Connect with us

Hi, what are you looking for?

Jewish Business News

Politics

Israel, China in Talks to Become Major Financial Allies

Economics Minister Deri discusses Free Trade Agreement with Chinese Ambassador, as Israel indicates it’s focus is shifting to the East.

china-israel

Israel’s Economy Minister Minister Aryeh Deri met on Monday with the Chinese Ambassador to Israel Zhan Yongxin for the first time to discuss the establishment of a free trade zone between Israel and China.

The Chinese Ambassador reiterated his nation’s commitment to begin negotiations for an agreement, as first announced by Chinese Prime Minister Li Keqiang in March in his report to the National People’s Congress.

Both sides stressed their mutual desire to strengthen ties and expand Chinese investments in Israel, which have thus far reached $6 billion. They also agreed that a free trade zone agreement would raise bilateral ties to a new level and bring real economic benefit to both sides.

Minister Deri said, that his office will concentrate efforts to promote and expand the trade ties between the two countries and to this end operates various tools to support Israeli companies doing business in China.

The Foreign Trade Administration operates five trade attachés across China – two in Beijing – with one who focuses on policy and regulation, one in Guangzhou, one in Shanghai and one in Hong Kong. This number is identical to the number of attachés in the United States and the goal is to continue expanding the distribution of trade missions in China.

 

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

empty

The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

Business

Now Platika joins and elite club of $10 billion plus Israeli firms.

Advertisement
cialis