Trade between Israel and China stands at 11 billion dollars. Of which 3 billion export
Ami Rohks Domb | 29/01/2017 Contact author
PM Netanyahu and Vice Premier of China Liu Yandong announce China-Israel Innovation Park. Copyright: GPO / Haim Zach
25th anniversary of the establishment of diplomatic relations between Israel and China and India, Foreign Ministry officials presented to the ministers an overview on the development of relations between Israel and China and India.
Mark Sofer, Deputy Asia-Pacific Holidays Foreign Ministry and ambassador, deputy head of Asia-Pacific Foreign Ministry presented to the ministers of the main issues on the agenda in front of each of the countries.
Holidays Ambassador said that the government understood platforms between Israel and China are very good and that the Chinese side there is a push to do business with Israel. Haggai also noted that bilateral trade currently stands at over $ 11 billion, of which approximately $ 3 billion in exports. Prime Minister Netanyahu said that the export is very low and said, "We must break it. Since this is a huge market This strategic step for the Israeli economy. "A free trade agreement between the countries currently in negotiations, is expected to significantly increase the numbers of these.
Mark Sofer stressed that "there is a window of opportunity also with China and with India. We must take advantage of it, is crucial to us. These are two important countries and their willingness to cooperate with Israel is mighty." Please contact the author ministers will work to foster it.
Prime Minister Netanyahu thanked the Foreign Ministry for the work that they are doing to strengthen relations between the two countries and noted that their work is very important.
Prime Minister Benjamin Netanyahu: "I want to summarize one fundamental perspective. You have to understand that a few decades the State of Israel was the only contact with the US and Europe. We expanded into space a very clear policy, which is not only the diplomatic side, but also on security and on the technology side that changes the world. I would say that we have the fact that leverage this technology diplomacy. Even their investments here as well as our trade with them is based on leveraging the technological advantage. This is what makes us a major player in the international arena despite in size.
"We have the ability to leverage our strength with these powers (China and India) and with powers many other countries - and thanks to our technological capabilities. It requires us an international effort ever, especially exploit opportunities. The only effort is how to take advantage of opportunities and how to curb attacks - no attacks, has walls, bureaucratic, regulatory - but the opportunities are there and we have to chase them.
"This requires us to understand something else, and is the key, in the end most of the covenants, except for the one with the US, based on interests. Our prime interest is the conceptual abilities of our population, which is much bigger relative to other populations. This is a fact. If we can not continue to produce the innovation we lose the advantage. And to continue to produce innovation we have a free market. If we close this market, we will destroy and Nktol the duck that Israel has imposed golden eggs. These are not just economic golden egg, but also for Strategic and International Studies. So we need to ensure the continuation of our work against excess regulation and maintain market and the high-tech industry is our ".
China:
• China's GDP in 2016: 11 trillion (the world's second largest economy after the United States)
• China's third trade partner of Israel and the largest in Asia
• Trade between Israel and China was at the time of the establishment of relations at approximately $ 50 million, and now stands at $ 11 billion, of which $ 3 billion in exports.
• About a third of the Israeli high-tech investments in both China and Hong Kong
India:
• India has about 1.3 billion people (the second largest in the world after China)
• The volume of trade between Israel and India in 1992 was $ 200 million (mainly diamonds), currently stands at about $ 4 billion
• GDP, PPP (purchasing power terms) - 8.721 trillion US dollars - a growth rate of 7.6% in 2016 (the last decade, an increase of over 6% per year)
• In 1992 the volume of trade between Israel and India was $ 200 million (mainly diamonds) and now stands at about $ 4 billion
Ami Rohks Domb | 29/01/2017 Contact author
PM Netanyahu and Vice Premier of China Liu Yandong announce China-Israel Innovation Park. Copyright: GPO / Haim Zach
25th anniversary of the establishment of diplomatic relations between Israel and China and India, Foreign Ministry officials presented to the ministers an overview on the development of relations between Israel and China and India.
Mark Sofer, Deputy Asia-Pacific Holidays Foreign Ministry and ambassador, deputy head of Asia-Pacific Foreign Ministry presented to the ministers of the main issues on the agenda in front of each of the countries.
Holidays Ambassador said that the government understood platforms between Israel and China are very good and that the Chinese side there is a push to do business with Israel. Haggai also noted that bilateral trade currently stands at over $ 11 billion, of which approximately $ 3 billion in exports. Prime Minister Netanyahu said that the export is very low and said, "We must break it. Since this is a huge market This strategic step for the Israeli economy. "A free trade agreement between the countries currently in negotiations, is expected to significantly increase the numbers of these.
Mark Sofer stressed that "there is a window of opportunity also with China and with India. We must take advantage of it, is crucial to us. These are two important countries and their willingness to cooperate with Israel is mighty." Please contact the author ministers will work to foster it.
Prime Minister Netanyahu thanked the Foreign Ministry for the work that they are doing to strengthen relations between the two countries and noted that their work is very important.
Prime Minister Benjamin Netanyahu: "I want to summarize one fundamental perspective. You have to understand that a few decades the State of Israel was the only contact with the US and Europe. We expanded into space a very clear policy, which is not only the diplomatic side, but also on security and on the technology side that changes the world. I would say that we have the fact that leverage this technology diplomacy. Even their investments here as well as our trade with them is based on leveraging the technological advantage. This is what makes us a major player in the international arena despite in size.
"We have the ability to leverage our strength with these powers (China and India) and with powers many other countries - and thanks to our technological capabilities. It requires us an international effort ever, especially exploit opportunities. The only effort is how to take advantage of opportunities and how to curb attacks - no attacks, has walls, bureaucratic, regulatory - but the opportunities are there and we have to chase them.
"This requires us to understand something else, and is the key, in the end most of the covenants, except for the one with the US, based on interests. Our prime interest is the conceptual abilities of our population, which is much bigger relative to other populations. This is a fact. If we can not continue to produce the innovation we lose the advantage. And to continue to produce innovation we have a free market. If we close this market, we will destroy and Nktol the duck that Israel has imposed golden eggs. These are not just economic golden egg, but also for Strategic and International Studies. So we need to ensure the continuation of our work against excess regulation and maintain market and the high-tech industry is our ".
China:
• China's GDP in 2016: 11 trillion (the world's second largest economy after the United States)
• China's third trade partner of Israel and the largest in Asia
• Trade between Israel and China was at the time of the establishment of relations at approximately $ 50 million, and now stands at $ 11 billion, of which $ 3 billion in exports.
• About a third of the Israeli high-tech investments in both China and Hong Kong
India:
• India has about 1.3 billion people (the second largest in the world after China)
• The volume of trade between Israel and India in 1992 was $ 200 million (mainly diamonds), currently stands at about $ 4 billion
• GDP, PPP (purchasing power terms) - 8.721 trillion US dollars - a growth rate of 7.6% in 2016 (the last decade, an increase of over 6% per year)
• In 1992 the volume of trade between Israel and India was $ 200 million (mainly diamonds) and now stands at about $ 4 billion
