Israel and China signed a $400 million trade agreement on Wednesday, which expands the already existing financial protocol between the two countries to more than $2 billion.
The deal was signed by Finance Ministry Accountant-General Michal Abadi-Boiangiu and officials from China’s Finance Ministry, in the presence of Chinese Prime Minister Li Keqiang and Prime Minister Benjamin Netanyahu, who is on a five-day trip to China that began on Sunday.
“This is a very important agreement for expanding bilateral cooperation. China is a vast market and if we even slightly increase our market share here it will significantly help the Israeli economy,” Netanyahu said.
Israeli PM's China visit to strengthen ties: spokesman (02/05/13, Chinadaily.com)
Source: Chinadaily.com (Xinhua)
JERUSALEM - Israeli Prime Minister Benjamin Netanyahu's upcoming visit to China is expected to further strengthen the relations between the two countries and bring more tangible benefits to the Israeli and Chinese peoples, his spokesman said Wednesday.
At the invitation of his Chinese counterpart Li Keqiang, Netanyahu is scheduled to visit China on May 6-10. It will be his first visit abroad since he took office for a third term in late March.
"The fact that he has chosen China as his first destination demonstrates clearly the importance that the Israeli government attaches to our relationship with China," Mark Regev told Xinhua.
"The dialogue between Israel and China is very important and the cooperation between Israel and China is crucial," he said.
"Ultimately, Israel is a world-center for science and technology. We are in many ways the center of innovation when it comes to hi-tech, whether it's agricultural technology, communication technology. For all these reasons, we believe that Israel and China cooperating, Chinese industry with Israeli technology, Chinese agriculture with Israeli technology, it can have tangible benefits for both our peoples," he said.
We are pleased to announce that we are coming to the end of the process of registering the Chamber legally in China. In order to complete the procedure, we need your cooperation in transferring a copy of your business license to us so we could hand it to the Ministry of Commerce in China as required. We need to provide at least 30 business license of Israeli companies that are registered in China and are supporting the establishment of the Israel chamber of commerce in China.
Bellow is a signed letter (in Hebrew) from the Israeli ambassador Mr. Matan Vilnaei asking the companies to help us by sending their business licenses.