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Source: http://www.ynetnews.com/articles/0,7340,L-4502877,00.html
EU-Israel Ties Growing, Despite Disagreements
(Media Line-Ynet News) Dan Catarivas, the director of Foreign Trade and International Relations for the Manufacturers Association of Israel, said Monday that the volume of trade between Israel and the EU is more than $41 billion a year, with 31% of Israel's exports going to the EU. "Europe is and will be our major partner in the years to come," he told a conference on Europe and Israel, sponsored by the Jerusalem Center for Public Affairs and the Konrad Adenauer Stiftung. "Emerging markets like China and India are nice, but Europe is our bread and butter."