Home / Knowledge / News / EU-Israel Business Dialogue to boost bilateral business & investment
EU-Israel Business Dialogue to boost bilateral business & investment
Mar '08
EC Vice President Verheugen: “There is a huge economic potential that is not yet fully exploited.”

Commission Vice President Verheugen with Minister of Industry, Trade and Labour Yishai at the launch of the EU-Israel Business Dialogue

The EU-Israel Business Dialogue was launched on November 1 by Vice President of the European Commission responsible for Enterprise and Industry Genter Verheugen and Israel's Minister of Industry, Trade and Labour, Eliyahu Yishai.

The founding members of the EU-Israel Dialogue, a powerful group of some twenty business leaders from Israel and Europe, held the launching session in the margins of the Israel Prime Minister's Conference for Export and International Cooperation.

The launch of the EU-Israel Business Dialogue fulfils an important clause in the European Neighbourhood Policy EU-Israel Action Plan.

The goal of the dialogue, which follows the format of similar 'business-to business' dialogues between the EU and Russia, Japan, the United States and India, is to strengthen EU-Israel economic relations, remove barriers to trade and investment and enhance cooperation and joint ventures.

Speaking on the eve of his visit to Israel, Vice-President Verheugen said: “This Dialogue shall encourage European companies to do more business with Israel and to invest more in Israel. There is a huge economic potential that is not yet fully exploited.”

At the founding meeting itself, Commissioner Verheugen added: “The EU is Israel's major trading partner but if we look at the investment figures there is room for improvement on the European side.

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search