Menu
Facebook, Google, Microsoft, Twitter, and ADL Announce Lab to Engineer New Solutions to Stop Cyberhate

Facebook, Google, Microsoft, Twitte…

New York, NY -  Face...

ADL to Challenge Justice Department Religious Liberty Guidance Calls it a “Roadmap for Discrimination”

ADL to Challenge Justice Department…

New York, NY- - The Anti-...

JWV Welcomes Greater Accountability for VA Employees

JWV Welcomes Greater Accountability…

The Department of Veteran...

Alice and Nahum Lainer Family Foundation Donates Transformative Endowment Gift to Sinai Akiba Academy

Alice and Nahum Lainer Family Found…

Los Angeles, California -...

Swiss Town Returns Painting Looted during World War II

Swiss Town Returns Painting Looted …

Following a lengthy legal...

PM Netanyahu welcomes US President Trump’s decision regarding Iran

PM Netanyahu welcomes US President …

​PM Netanyahu: President ...

Alona Barkat: Israeli inspiration taking the soccer world by storm

Alona Barkat: Israeli inspiration t…

​Alona Barkat, an Israeli...

Israel Innovation Authority will launch the second biotech incubator

Israel Innovation Authority will la…

In light of the success o...

Israel and Senegal announce end to crisis

Israel and Senegal announce end to …

​Israel will immediately ...

Statements by PM Netanyahu and US President Donald Trump

Statements by PM Netanyahu and US P…

​PM Netanyahu: I want to ...

Prev Next
A+ A A-

PM Netanyahu meets Chinese Vice Premier Liu Yandong Featured

Prime Minister Benjamin Netanyahu and Chinese Vice Premier Liu Yandong declared the opening of talks on a bilateral free trade agreement, a significant step in relations between Israel and China.

Prime Minister Netanyahu: "I was delighted to hear today from Vice Premier Liu that China is prepared to begin free trade agreement negotiations with Israel. This is a momentous development and we are ready to do so right away. We have so much that we can do together. We discussed the various fields in which this can happen - in health care, in remote education, in agriculture, in marine agriculture, in IT. In every field of human endeavor the cooperation between Israel and China can yield enormous results. And we believe that Israel can be a perfect partner."

Chinese Vice Premier Liu Yandong said that China was pleased to begin talks on a free trade zone and added that her country is ready to cooperate for the benefit of both peoples. She said that Israel and China are heading toward major joint projects and noted that Israel is known throughout the world for its innovation.

The significance of the opening of the talks:

When the trade agreement takes effect, it could double bilateral trade (currently around $8 billion);
This agreement will include trade in goods and services, as well as economic and technological cooperation;
The free trade agreement could increase GDP in both countries;
The agreement will cause an increase in investments and lead to significant economic benefits for both countries;
This agreement constitutes a very significant step in bilateral economic relations.

The future trade agreement between China and Israel will deal with many issues, including:
1) The removal of impediments to trade - Israeli exports to China will benefit from easier entry to China and vice-versa; and
2) The agreement will enable the lifting of impediments in the fields of standardization and regulation.

Prime Minister Benjamin Netanyahu and Chinese Vice Premier Liu Yandong met at the Foreign Ministry in Jerusalem, and opened the second meeting of the 2016 Israel-China innovation conference. This is the most important Israel-China inter-governmental platform, the establishment of which was signed by Prime Minister Netanyahu and Chinese Vice Premier Liu during her visit to Israel in 2014. The first meeting was held in January 2015 in Beijing.

The work of the conference was led and coordinated by the Israeli Foreign Ministry and the Chinese Science and Technology Ministry. Dozens of government ministries and agencies (including the Foreign Ministry; Science, Technology and Space Ministry; the Economy and Industry Ministry Chief Scientist the Economy and Industry Ministry; the Health Ministry; the Education Ministry; the Culture and Sports Ministry; the Energy Ministry; the Agriculture Ministry; and the Patents Authority), as well as the Higher Education Council, the National Science Foundation and leading universities in both countries, all participated in the work of the conference.

Thirteen bilateral cooperation agreements were signed during the event.

At the start of the event, there was a meeting between the two delegations, led by the Prime Minister and the Chinese Vice Premier. Also participating were Health Minister Yaakov Litzman, Science, Technology and Space Minister Ofir Akunis, Deputy Foreign Minister Tzipi Hotovely, Foreign Ministry Director General Dr. Dore Gold and Israeli Ambassador to China Matan Vilnai.

The Chinese Vice Premier arrived with the Chinese Science and Technology Minister, the Chinese Ambassador to Israel, the deputy Foreign and Health ministers and other senior officials.
Last modified onSunday, 02 April 2017 14:25

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

back to top
40% off 4 or more products. Enter code 40SPRING at checkout. Get a discount with a minimum purchase at PaulFredrick.com
Travel Deals to top Destinations. Get yours now

Sections

Jewish Traditions

About Us

Community

Cooperations

Follow Us