By NIV ELIS, HERB KEINON, GREER FAY CASHMAN
THE JERUSALEM POST \ 03/29/2016
Israel and China agreed on Tuesday to begin negotiations for a bilateral
free trade agreement, Prime Minister Benjamin Netanyahu and Chinese
Vice Premier Liu Yandong announced in a joint press conference in
Jerusalem. A free-trade agreement with the world’s second-largest
economy could have major implications for Israeli industry with the
government estimating it could double trade between the two nations from
today’s roughly $9 billion, boost technological cooperation and open
the path for more investments. “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,”
Netanyahu said, specifying that healthcare, remote education,
agriculture, marine agriculture and IT are fields ripe for development.
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