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EU delegation in Israel to promote business ties

22 October 2013, 13:16 CET
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(JERUSALEM) - The European Commission's vice president was in Israel on Tuesday to strengthen business ties and promote cooperation, a spokesman said.

Antonio Tajani arrived in Israel on Monday at the head of a delegation of 55 business executives from 17 countries aimed at strengthening business relations and "exploring further opportunities for cooperation" between small- and medium-sized European and Israeli enterprises (SMEs), a statement said.

Tajani's mission "reflects the EU's belief that there remains untapped potential in bilateral relations and this visit aims at finding new synergies," it said pointing to Israel's reputation for innovation and its "excellent research institutions."

An EU spokesman said Tajani had met Science and Technology Minister Yaakov Peri on Monday and visited the Israeli Space Agency, signing an agreement on cooperation over global satellite navigation systems.

He also met Economy Minister Naftali Bennett on Tuesday, with the pair signing signed two letters of intent on industrial policy cooperation between SMEs.

In an address to a water conference in Tel Aviv, Tajani, who is the EU commissioner for industry and entrepreneurship, stressed the importance of bilateral relations to promote growth, including of green industries.

Later on Tuesday, Tajani will meet President Shimon Peres in Jerusalem before the delegation leaves before dawn on Wednesday.

EU trade relations with Israel


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