Delegation of the European Union to Israel

"Doing Business with the European Union"

Ramat Gan, 15/03/2019 - 11:23, UNIQUE ID: 190315_12
Press releases

On Wednesday 6 March, a seminar on "Doing Business with the European Union" took place at the Stock Exchange in Tel Aviv aimed at Israeli importers and exporters interested in further expanding their activities to the European Union, traditionally the first export market for Israeli companies.

The seminar was arranged jointly by the Delegation of the European Union to Israel, Foreign Trade Administration (Ministry of Economy and Industry), Federation of Israeli Chambers of Commerce, ISERD and the Israel Export Institute.

Speakers included Adv. Uriel Lynn, President of the Federation of Israeli Chambers of Commerce, Amb. Emanuele Giaufret, EU Ambassador to Israel, and Mr Ohad Cohen, Trade Commissioner, Ministry of Economy and Industry on topics such as import regulations, taxation, financing programmes, trade and investment facilitation instruments and other support channels to improve the trade ecosystem between the EU and Israel.

20190306 doing_buisness_with_the_eu_seminar (photo: Yossi Zwecker)
20190306 doing_buisness_with_the_eu_seminar (photo: Yossi Zwecker)

The Help Desk facilitating Trade and Investment between the EU and Israel, and supported by the European Commission was launched at the event. The European Union is the world's largest single market and the Helpdesk is a tool for expanding trade between the EU and Israeli traders and investors. In the past years, Israeli export to the EU has reached historical high of 34% and EU import to Israel is almost 40% of Israel's total imports. This HelpDesk has the potential, over time to also facilitate trade among countries in the region

EU Ambassador to Israel Emanuele Giaufret: The EU is not only the world's largest internal market, but is also the closest market to Israel. We provide one of the best business environments in the world with very competitive actors, and with Israel's innovative and thriving economy, this exemplifies the  unique partnership that the EU and Israel has. We believe that the potential is there to increase EU-IL bilateral trade and economic cooperation, especially in fields such as digital economy, energy and creating a climate neutral circular economy.

Adv. Uriel Lynn, President of the Federation of Israel Chamber of Commerce said: Encouraging the growth in Israel is through adopting the regulator of the EU. They are our biggest partner. There is no point in increasing the fertility if we cannot reduce the regulator dramatically. These are just empty words. Instead of Europe and Israel worrying about the slowdown of the economy in China and the foreseen barriers in the world economy; what has to be done in to reduce significantly the trade barriers from all countries who are ready to sign such agreement on a mutual and equal basis.

Mr. Ohad Cohen, Trade Commissioner, Foreign Trade Administration, Ministry of Economy and Industry said: The close relationship between the EU and Israel is reflected by our extensive trade relations. The EU is one of Israel’s main trade partners, and the trade with the EU amounts to over 30% of Israel's total trade. The Facilitation Instruments launched by the European Commission are designed to ease access to relevant information across the region, an effort that coincides with our Ministry's policies aiming to facilitate and increase foreign trade both for export from Israel and for import into the Israeli market.

Mr. Zeev Lavie, Director of the International Relations Division, Federation of Israeli Chambers of Commerce said: The Enterprise Europe Network remains the world's largest business support network comprising 600 organizations in over 60 countries. More than 3000 experts support businesses to innovate and grow internationally. The Federation of Israeli Chambers of Commerce is coordinating the Enterprise Europe Network Israel consortium with the following co-partners: Manufacturers Association of Israel and the Israel Innovation Authority. In 2018 the consortium partners organized 290 face-to-face meetings between Israeli and European business representatives. There has been a wide promotion of EU and Israeli technology & commercial partnership proposals via the network, and 19 business deals and technology transfer/research collaboration agreements between EU and Israeli companies were established

Press contacts:

EU Delegation to Israel: Sharon Offenberger +972 544 282 213 sharon.offenberger@eeas.europa.eu      

20190306 doing_buisness_with_the_eu_seminar (photo: Yossi Zwecker)
20190306 doing_buisness_with_the_eu_seminar (photo: Yossi Zwecker)
  
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