U.S.-Israel Commercial Ties Grow Stronger

(Times of Israel) Shoshanna Solomon - In May, the U.S. and Israeli chambers of commerce announced a new multi-year initiative called Business Israel to bring executives from leading businesses from the U.S. to Israel. America and Israel have strong economic ties, said Josh Kram, a senior director of Middle East Affairs at the U.S. Chamber of Commerce, in an interview during a visit to Israel last month. 40% of all investment into the U.S. from the Middle East comes from Israel, and Israel is the second-largest importer of U.S. goods in its region, despite representing only 2% of the population. Trade between Israel and the U.S. totaled $35 billion in 2016 and $18 billion in January-June 2017.

2017-09-01 00:00:00

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