Economics Minister Deri discusses Free Trade Agreement with Chinese Ambassador, as Israel indicates it's focus is shifting to the East.
JEWISH BUSINESS NEWS - Tue, Jul 7th, 2015
Israel’s Economy Minister Minister Aryeh Deri met on Monday with the
Chinese Ambassador to Israel Zhan Yongxin for the first time to discuss
the establishment of a free trade zone between Israel and China.
The Chinese Ambassador reiterated his nation’s commitment to begin
negotiations for an agreement, as first announced by Chinese Prime
Minister Li Keqiang in March in his report to the National People’s
Congress.
Both sides stressed their mutual desire to strengthen ties and expand
Chinese investments in Israel, which have thus far reached $6 billion.
They also agreed that a free trade zone agreement would raise bilateral
ties to a new level and bring real economic benefit to both sides.
Minister Deri said, that his office will concentrate efforts to
promote and expand the trade ties between the two countries and to this
end operates various tools to support Israeli companies doing business
in China.
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