web analytics
October 13, 2015 / 30 Tishri, 5776
At a Glance
News & Views
Sponsored Post

Bennett Says China to Study Free Trade Proposal

JewishPress Logo

Minister of the Economy Naftali Bennett announced during his visit to China that Beijing officials have agreed to carry out a survey to determine the value of a free trade policy.

China previously has rejected approaches from Israel that it conduct a study, and this week’s agreement, a pre-condition for a trade agreement,  was unexpected.

It probably will take one to two years to complete the survey, which will be the basis for a free-trade agreement with Israel if the results are positive.

Bennett told Globes, “Trade between Israel and China totals about $8 billion annually, and forecasts are that such an agreement would considerably increase the amount so that more and more small and medium Israeli companies could become involved in bilateral economic activities with China.”

Israel’s exports to China in 2012 rose 0.9% to $2.74 billion, with a large part attributed to  exports from Intel and Israel Chemicals.

“The Chinese pay major attention to Israel. The Chinese government has taken a strategic decision to strengthen economic relations with Israel and good things are happening between the two countries in this sphere” an official accompanying Bennett told Globes.

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.

If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Bennett Says China to Study Free Trade Proposal”

Comments are closed.

Current Top Story
Arabs breach the Gaza security fence and attack IDF patrol jeeps with rocks.
Gazan Arabs Breach Security Fence and Attack IDF Jeeps [Video]

Printed from: http://www.jewishpress.com/news/breaking-news/bennett-says-china-to-study-free-trade-proposal/2013/07/09/

Scan this QR code to visit this page online: