The largest ever Israeli business delegation to set foot on Australian soil visited Sydney this week, accompanying Prime Minister Netanyahu on his first official visit to Australia.
Senior executives from 20 Israeli companies and organisations met with government and business leaders on Tuesday and Wednesday, including representatives from the Commonwealth Bank, Telstra and Optus. The delegation also visited the ASX, where 13 Israeli companies already have their shares traded. Israel has the sixth highest number of foreign companies trading on the ASX, and the number is expected to grow in 2017.
The companies on the delegation span the hi-tech, cyber security, energy, water, medical and education industries. Many have already established links with the Australian market and are looking to grow their presence.
“Our trade is a billion dollars. It should be at least double or triple that,” said Prime Minister Netanyahu.
Australia and Israel’s innovation and aviation ties were cemented on Thursday with the signing of a Joint Agreement on Bilateral Cooperation in Technological Innovation and Research and Development and a bilateral Air Services Agreement.
For more coverage of the companies on the business delegation and Australia-Israel economic and trade ties, click the links below.
Israel’s finest in Oz – Australian Jewish News
Israeli innovation in the power sector – Sky News
For Chernobyl survivor, breaking the waves to power the future is ‘personal’ – Sydney Morning Herald
Netanyahu calls for tripling of Aust trade – The Australian
Australia-Israel deals to make travel easier – Sky News