meeting between representatives from the United States Chambers of Commerce, the United States-Israel Chamber of Commerce and the Manufacturers Association of Israel 30/10/17

להורד קובץ ההודעה לעיתונות לחץ כאן

30/10/17

thumbnail_image1.jpgIn Tel-Aviv Yesterday, a meeting took place between representatives from the United States Chambers of Commerce, the United States-Israel Chamber of Commerce and the Manufacturers Association of Israel. The meeting was chaired by Mr Shraga Brosh, Chairman of the Presidium of Business Organization and President of Manufacturer’s Association of Israel (MAI), from the Israeli side, and Mr. Myron Brilliant, Executive Vice President and Head of International Affairs at the U.S. Chamber of Commerce, from the American side.

A special relationship exists between Israel and the USA, since the very inception of the State of Israel in 1948. It is important however to always build on existing structures, to make them stronger and healthier, in order to create a greater growth.

Israel, a nation with a population of just 8.5m, does not have a large domestic market, so cooperation for trading with other States is crucial to its economic existence, and growth. Indeed, these were the words spoken by Mr. Brosh which has also added that "cooperation is healthy; it inspires our industry to strive for better."

Israel was the first ever country to sign a Free Trade Agreement with the USA, and whilst the relationship is strong, there are still matters that need to be discussed. Such issues discussed at the meeting included promoting greater regulatory dialogue, and boosting US-Israeli entrepreneurship and innovation, as well as other issues such as VISA entry into the US from Israel.

Israel, a home of innovation, research and design, has much to offer the US, though Israel also desires to build more factories for production, according to Shraga Brosh, to not just be only be an economy of ideas and innovation but to provide real jobs for Israelis too. Meeting such as these can increase the exposure of Israeli industries to bigger markets; as added by Mr Brilliant, "most American companies are unaware about the potential to do business in Israel. Through these delegations of chamber of commerce CEO's coming to Israel, we can create partnerships all across the United States that will open new channels for business between our countries."