Tuesday, October 24th | 4 Heshvan 5778

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
May 22, 2017 12:54 pm

With Trump in Town, Israel Declares Goal of Increasing Exports to $100 Billion Annually by 2020

avatar by Ben Cohen

Email a copy of "With Trump in Town, Israel Declares Goal of Increasing Exports to $100 Billion Annually by 2020" to a friend

US companies like Microsoft maintain large R+D centers in Israel. Photo: Wikimedia Commons.

Israel’s economy minister wants to boost the Jewish state’s exports over fivefold by the end of this decade.

In a statement issued as President Donald Trump began his official visit to Israel, Eli Cohen said that “one of our main goals is to increase Israeli exports to more than $100 billion by 2020.”

Israeli President Reuven Rivlin pointed to his country’s economic successes — as well as the potential of Israeli-Palestinian business partnerships — in remarks during a joint appearance with Trump in Jerusalem on Monday.

“We can have here an oasis,” Rivlin said. “An international center of tourism; a Start-Up Land, ‘Silicon Valley from the Jordan to the Sea.’ But we must be sure that we don’t go to sleep with a dream, and wake up with a nightmare: with Iran, ISIS and Hamas, in our borders.”

 

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner
  • len

    If you read about the history of Zionism and the modern state of Israel you will find that without a vibrant economy(which means money) nothing gets accomplished Yerida occurs and the defense of Israel is at stake. Organizations were set up to scour the earth to find Jewish and non Jewish believers to donate and invest in the Jewish State. How much healthier is it that Israel can stand on it’s own legs and support itself without continuing on it’s past “shnorer” reputation! Even in the diaspora money was very important to the Jewish People. One never knew when their hosts would grow weary of their presence and be asked to leave. Good to have some shekels to make it somewhere else and survive. In other words Reb Yaakov yes money is what the Jewish State is all about ,money is what every state is all about! By the way what does the Manna taste like these days ?I hear it’s not up to par lately!

Algemeiner.com