New program brings US business execs to Israel

Israel-US
Israel-US

The US Chamber of Commerce and the Israel-America Chamber of Commerce launched <i>Business Israel</i> today.

The US Chamber of Commerce, in partnership with its Israel affiliate the Israel-America Chamber of Commerce (AmCham Israel), today launched Business Israel, a multi-year program to bring executives from leading business organizations across the US to Israel. The program launched with an inaugural mission led by Myron Brilliant, executive vice president and head of International Affairs for the US Chamber. The delegation included seventeen CEOs and presidents from state and major metropolitan chambers of commerce from across the US.

“The US-Israel commercial relationship supports thousands of jobs in the US and drives technological innovation that benefits our companies and economies,” said Brilliant. “By bringing American state and local chamber executives to Israel, we can encourage international collaboration and boost economic growth in our cities, states, and country.”

Business Israel will bring state and local chamber executives from all fifty states to Israel over the next three years to expand markets for American exports and attract investment to the US, as well as collaborate with Israeli companies in sectors such as water and agriculture, cybersecurity, and health.

“This multi -year program is an asset to American-Israeli economic relations, as it will enable the American chambers to see, first-hand, what Israel has to offer. The strategic alliance between the United States and Israel is based on our shared values and goals, and I strongly believe that our bilateral commerce will surely guarantee further success,” said Ofra Strauss, chairperson of Strauss Group Ltd. (TASE:STRS) and of AmCham Israel.

America’s first free trade agreement was with Israel in 1985. According to AmCham Israel, there are more companies listed on the NASDAQ exchange from Israel than from any country other than the US; 40% of all investment into the US from the Middle East region comes from Israel; and Israel is the second largest importer of US goods in its region, despite representing only 2% of the population.

Published by Globes [online], Israel business news - www.globes-online.com - on May 8, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

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