Sunday, November 28th | 24 Kislev 5782

April 10, 2018 11:56 am

Israel to Sign Five Major Free-Trade Agreements in 2018

avatar by Israel Hayom /

Israeli PM Benjamin Netanyahu shakes hands with his Indian counterpart Narendra Modi ahead of their meeting at Hyderabad House in New Delhi, Jan. 15, 2018. Photo: Reuters / Adnan Abidi. – Israel’s Economy and Industry Ministry is currently involved in free-trade negotiations with five major economies, and deals are expected to be signed this year, Israel Hayom has learned.

The talks are being held with South Korea, Vietnam, India, China and the Eurasian Customs Union, an economic bloc comprising Russia, Kyrgyzstan, Belarus, Kazakhstan and Armenia.

Israel Hayom also learned that although the talks with South Korea had stalled over disagreements on provisions relating to businesses in Judea and Samaria, a breakthrough was recently achieved.

Additional free-trade talks with Colombia, Panama and Ukraine recently ended successfully.

Related coverage

November 28, 2021 10:21 am

Emirates Postpones Start of Tel Aviv Flights

Dubai airline Emirates has postponed the Dec. 6 launch of flights to Tel Aviv until further notice, a company spokesperson...

Israel already has free-trade agreements with some of the world’s largest markets, including the United States, the European Union and Mexico. Some 70 percent of Israeli exports go to countries with which Israel has these agreements.

Israeli officials are also working on amendments to the existing agreement with the European Free Trade Association, comprising Iceland, Liechtenstein, Norway and Switzerland.

Share this Story: Share On Facebook Share On Twitter

Let your voice be heard!

Join the Algemeiner

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.