Ministry of Industry Trade and Labor
THE ISRAELI ECONOMY AT A GLANCE 2009
July 2009
DATA REFERS TO 2008
Minister of Industry, Trade and Labor.
Dear Friends,
The Israeli economy continued to grow at a relatively fast pace during the year 2008. In comparison with all developed economies Israel's growth was clearly among the fastest. Against the backdrop of the global financial crisis, much of the year witnessed further rises in industrial production as well as in foreign trade. The very nature of Israel's open economy and international trading activities in diversified fields, at once exposed Israel to the global crisis whilst allowing for adjustments and restructuring of the domestic economy. On the one hand the Israeli economy has been shifting from agricultural and traditional industrial manufacturing to more knowledge intensive industries and ICT trading and service provision. On the other hand, much of the traditional industries have been undergoing technological upgrading in a constant bid to remain competitive and innovative in the global market place. Success has largely been based on the one major comparative advantage of the Israeli economy – the availability of a large pool of highly skilled engineers and technicians. The continued policies of nurturing and encouraging young students to enter the science-based fields of engineering and software, coupled with the support granted to companies engaged in research and development have further enriched the stock of human capital. The Ministry of Industry Trade and Labor continues under the Netanyahu government, to encourage investment in the periphery as well as supporting widespread investment in research and development. Despite the current downturn in the global markets which adversely affected our economy in the first quarter of 2009, the outlook for the medium to long term is for strong economic recovery and growth. Regional trading with our immediate neighbors has increased and around the globe Free Trade Agreements with major trading blocs, as well as other international agreements, further enhanced Israel’s position to trading with a widening range of countries. With Israel working steadily towards full accession to the OECD we are confident that our economy will continue to provide unique investment opportunities to an increasing number of global partners. Sincerely,
Binyamin Ben-Eliezer
THE ISRAELI ECONOMY AT A GLANCE 2009
INTRODUCTION
THE ISRAELI ECONOMY AT A GLANCE
The Israeli Economy at a Glance, as the title suggests, provides the reader with an overall picture of the Israeli economy in graphic, tabular and textual form.
The continued widespread demand for this publication has encouraged us to keep amendments to a minimum, aside from the annual statistical updates.
Essentially the publication is divided into three main sections:
The first section contains basic macro-economic data, foreign trade statistics and international comparisons portrayed in graphical form.
The second section contains tables of data, particularly major economic and industrial indicators, enabling a quick look at recent trends and developments in the growth of the local Israeli economy.
The third section of the publication reviews selected economic policy and industrial policy, enabling a brief understanding of macro-economic policy in general and the Ministry’s contribution in particular.
Furthermore, the reader will find a comprehensive list of world-wide contacts appended to the main publication.
Our internet website also provides a wide range of information including this publication and many others.
Our main address, at which a full English text is available is: [email protected]
The editor. 5
THE ISRAELI ECONOMY AT A GLANCE 2009
TABLE OF CONTENTS (2008)
GRAPHS & CHARTS Facts & Figures 2008 9 Israel’s Exports of Goods, 2008 10 Israel’s Imports of Goods, 2008 11 Industrial Exports by Major Branches, 2008 12 Contribution of Specific Region to Export Growth 13 Composition of Industrial Exports 1995 vs. 2008 14 Breakdown of Import Increase by Region 15 Resources and Uses of Resources, 2008 16 Business Product Composition, 2008 17 Quarterly Employment & Unemployment since 2006 18 Production by Major Industrial Branches, 2008 19 Consumer Price Inflation Rates, 1998 – 2008 20 Industrial Production Comparison 2008 21 G.D.P. Per Capita, in P.P.P. Terms, 2008 22 Real G.D.P. Growth Comparison, 2008 23 Civillian R&D Expenditure as a % age GDP 2006 24 Hourly Compensation Cost in Manufacturing, 2007 25 Technology Indicators Comparison 26 Share of ICT Value Added 27 Share of ICT Jobs 28 TABLES Main Indicators, 2005 – 2008 30 Population Employment and Industrial Indicators 31 Imports of Goods 32 Exports of Goods 33 Service Sector Exports 34 Selected Industrial Policy Foreign Trade 35 Invest in Israel Center 39 Israel’s International Trade and Economic Agreements 40 Investment Incentives 41 Employment Grant Program 45 Research & Development Incentives 47 Industrial Cooperation Authority 52 Economic & Trade Representatives Abroad 54 7
THE ISRAELI ECONOMY AT A GLANCE 2009 ISRAEL FACTS & FIGURES 2008
Figures refer to millions of U.S. $ unless otherwise stated.
Gross Domestic Product 198,997 Business Sector Product 147,200 GDP Per Capita (U.S.$) 27,224 Investment in Fixed Capital 35,920 Imports of Goods (Net) 64,531 Exports of Goods (Net) 51,321 Industrial Exports* 46,933 of which, hi-tech 17,150 Imports of Goods and Services** 84,192 Exports of Goods and Services** 80,427 Population Average (Thousands) 7,308 Unemployment Rate (%) 6.1 Inflation Rate (CPI-%) 3.8
* Including net polished diamonds ** Balance of payments figures. Source: Israel C.B.S 9 THE ISRAELI ECONOMY AT A GLANCE 2009 Source: C.B.S. 787 1.3% OCEANIA ASIA*** ASIA*** 12,166 19.8% 4.6% EUROPE 2,813 EUROPE CENTRAL & EASTERN EASTERN & CENTRAL 2.1% 1,298 EFTA E .U. 17,794 29.0% 2.4% 1,468 AFRICA (MILLIONS OF U.S. $) TOTAL EXPORTS – 61,322* EXPORTS TOTAL 3.2% 1,989 LATIN AMERICA ISRAEL`S EXPORTS OF GOODS, 2008 OF ISRAEL`S EXPORTS 34.6% 21,203 NORTH AMERICA**
10 Unclassified-$1,813 (3.0%) * Before reduction of returned goods ** 1. N.America including: U.S.A., Canada & Mexico 2.Export to U.S.A.- $19,973 (32.3%) Asian Republics of former U.S.S.R ***Including THE ISRAELI ECONOMY AT A GLANCE 2009 262 0.4% Source: C.B.S. OCEANIA ASIA*** ASIA*** 13,713 21.0% 4.8% EUROPE 3,104 EUROPE CENTRAL & EASTERN EASTERN & CENTRAL 6.2% 4,044 EFTA 734 E .U. 22,513 34.5% 1.1% AFRICA (MILLIONS OF U.S. $) TOTAL IMPORTS – 65,173* IMPORTS TOTAL 1.7% 1,086 LATIN AMERICA 8,660 13.3% NORTH ISRAEL`S IMPORTS OF GOODS, 2008 OF ISRAEL`S IMPORTS AMERICA** Unclassified-$11,057 (17.0%) * Before reduction of returned goods ** 1. N.America including: U.S.A., Canada & Mexico 2.Import from U.S.A.- $8,034 (12.3%) Asian Republics of former U.S.S.R ***Including 11 THE ISRAELI ECONOMY AT A GLANCE 2009 PLASTIC, 40% CHEMICALS & $ . MINING & S . Source: Israel C.B.S MINERALS, 6% OTHERS, 2% Millions of U FOOD & DRINK, 2% TEXTILES CLOTHING & LEATHER, 3% 40,634* Exports Excluding Diamonds 33% METALS & ELECTRICAL, ELECTRONIC &TRANSPORT, MACHINERY, 14% PLASTIC, 35% OTHERS, 2% CHEMICALS & $ . S . MINING & MINERALS, 5% TEXTILES CLOTHING & LEATHER, 2% MAJOR BRANCHES, 2008 INDUSTRIAL EXPORT BY BY EXPORT INDUSTRIAL Millions of U FOOD & DRINK, 2% Total Industrial Exports Total 46,933* METALS & MACHINERY, 12% *Including Net Polished Diamonds 29% ELECTRICAL, ELECTRONIC &TRANSPORT, 12 DIAMONDS, 13% THE ISRAELI ECONOMY AT A GLANCE 2009 Source: Israel C.B.S 33% 3% Africa, Western Europe, Latin America, 4% Europe, 5% 29,918 million $ Central & Eastern 2008 Compared to 2000 Increment of Increment 1% Unclassified, TO EXPORT GROWTH EXPORT TO 21% Asia, 30% CONTRIBUTION OF SPECIFIC REGION CONTRIBUTION OF 2% North America, Oceania, 13 THE ISRAELI ECONOMY AT A GLANCE 2009 3 4 Source: Israel C.B.S 2 1,019 1,525 1,587 3,830 4,219 4,970 1 2008 5 6 1- Office & computing equipment 2- Electronic components Aircraft industries 3- 4- Electronic communication equipment 5- Industrial medical & control equipment. 6- Pharmaceutical products 2008 8,081 2,278 17,150 13,125 40,634 1995 4,549 3,388 2,542 1,823 12,302 EXPORTS 1995 VS. 2008 1995 EXPORTS IN 1995 -$ 12,302, 2008 $ 40,634 MILION 2008 COMPOSITION OF INDUSTRIAL COMPOSITION OF TOTAL INDUSTRIAL EXPORTS EXCLUDING DIAMONDS: EXPORTS INDUSTRIAL TOTAL 1995 0 5,000 HI-TECHNOLOGY INDUSTRIES HI-TECHNOLOGY MID-HI-TECH INDUSTRIES INDUSTRIES MID-LOW-TECH INDUSTRIES (LOW-TECH) TRADITIONAL INDUSTRY TOTAL 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 14 THE ISRAELI ECONOMY AT A GLANCE 2009 0.4 Source: Israel C.B.S 1.2 2.6 Latin America Africa Oceania 5.5 Europe Eastern 29,426 million. $ 5.6 BY REGION BY 24.8 2008 COMPARED TO 2000 TO 2008 COMPARED INCREMENT OF: INCREMENT Asia Unclassified North America Central & 28.9 30.9 Europe Western 5 0 % 35 30 25 20 15 10 BREAKDOWN OF IMPORT INCREASE INCREASE IMPORT BREAKDOWN OF
15 THE ISRAELI ECONOMY AT A GLANCE 2009 Source: Israel C.B.S GROSS DOMESTIC 28% INVESTMENT, 13% EXPORTS, (282 BILLION U.S.$) USE OF RESOURCES USE OF 18% 41% PUBLIC PRIVATE CONSUMPTION, CONSUMPTION, GROSS DOMESTIC PRODUCT,70% RESOURCES (282 BILLION U.S.$) RESOURCES AND USE OF RESOURCES 2008 AND USE OF RESOURCES 30% IMPORTS, 16 THE ISRAELI ECONOMY AT A GLANCE 2009 Source: Israel C.B.S 23.2% 6.7% Manufacturing Construction Agriculture, forestry and fishing 2.4% Commerce, restaurants and hotels 14.7% 3.1% Personal and other services 2.6% Electricity & water 10.2% communications Transportation and BUSINESS PRODUCT COMPOSITION 2008 BUSINESS PRODUCT 37.0% business Finance and 17 THE ISRAELI ECONOMY AT A GLANCE 2009 Source: Israel C.B.S 2,850.0 2,800.0 2,750.0 2,700.0 2,650.0 2,600.0 2,550.0 2,500.0 2,450.0 2,400.0 6.5 6.0 2008 5.9 6.1 I I - III IV - VI VII - IX X - XII employment (thousands) 6.7 7.5 ������ 1 Page 1 2007 ����� 7.6 4 7.7 7.8 8.3 unemployment (rate) 2006 UNEMPLOYMENT SINCE 2006 UNEMPLOYMENT QUARTERLY EMPLOYMENT & EMPLOYMENT QUARTERLY 8.8 8.8 I - III IV - VI VII - IX X - XII I - III IV - VI VII - IX X - XI 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 10.0
18 THE ISRAELI ECONOMY AT A GLANCE 2009 34% 4% CHEMICALS & PLASTIC MINING & MINERALS Source: C.B.S Ministry of Industry Trade Labor. 14% FOOD & DRINK SOURCE: Israel C.B.S. and Ministry of Industry, Trade & Labor Trade SOURCE: Israel C.B.S. and Ministry of Industry, 3% LEATHER TEXTILES CLOTHING & 7% **LIGHT INDUSTRY BRANCHES, 2008 PERCENTAGE BREAKDOWN PERCENTAGE 13% 25% METALS & MACHINERY TRANSPORT ELECTRICAL, ELECTRONIC & * Excluding diamonds ** Light industry includes: wood, paper, printing, furniture an d jewellery. INDUSTRIAL MAJOR PRODUCTION* BY * Excluding diamonds. printing, furniture & jewellery. **Light industries includes: wood, paper, 19 THE ISRAELI ECONOMY AT A GLANCE 2009 3.8 3.4 Source: C.B.S - Prices Division. -0.1 2.4 1.2 -1.9 6.5 1998-2008 1.4 0 ANNUAL PERCENTAGE CHANGE* PERCENTAGE ANNUAL 1.2 8.6 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 CONSUMER PRICE INFLATION RATES CONSUMER PRICE INFLATION 8 6 4 2 0 -2 -4 10
20 end compared to previous year Year * THE ISRAELI ECONOMY AT A GLANCE 2009
-4.3
ortugal
P
n
-3.2
apa
J
rance
F
s
-2.2 -2.2 e
Stat
nited
ic U -1.8 l ource: OECD - Main Economic Indicators, Israel C.B.S.
S
ch Repub ch
-1.0 e
z
land C
Ire
-0.9 ey
rk
u
T
d
-0.8 n
inla
F
-0.4 rk
enma
D
0.3 y
(Compared to 2007) (Compared
erman
G
0.4 y
orwa N
2.7
oland P
3.1
orea K 4.9
INDUSTRIAL PRODUCTION 2008 INDUSTRIAL
lovak Rep. lovak
l
7.0 S
rae Is REAL ANNUAL PERCENTAGE CHANGE PERCENTAGE ANNUAL REAL 8 6 4 2 0 -2 -4 -6 21 THE ISRAELI ECONOMY AT A GLANCE 2009
2008. y
13,138 Turke
19,499 Hungary
22,040 Rep. Slovak
22,190 Portugal
25,395
h Rep h
c Cze
27,060 New Zealand New
27,644 Korea
28,206 Israel *Purchasing Power Parities Economic Outlook Database, World Source: International Monetary Fund, 30,620
U.S. Dollars Spain
34,100
Japan
e
34,208 nc
a Fr
36,523
dom
g
d Kin d e
37,266 Unit Denmark
G.D.P per Capita, in P.P.P* , 2008 Capita, in P.P.P* per G.D.P 42,539 Ireland
46,859
d States d
0 e Unit 5,000 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 22 THE ISRAELI ECONOMY AT A GLANCE 2009
-2.3
Ireland
-1.1 k
Denmar
-0.7 n a
Jap * Source: Eurostat except Israel except Eurostat Source: *
-0.2 Sweden 2008*
0.0
Portugal
ce
n
Fra Euro area Euro
0.7 0.7 0.7 m
0.9
United Kingdo United
Finland
1.1 1.1 States United
Turkey
1.3 y German 2.1
REAL GDP GROWTH GDP REAL
Norway
3.2 c
bli u
4.0
Czech Rep Czech Israel
5.0 Poland % 6 5 4 3 2 1 0 -1 -2 -3 * EUROSTAT forecasts, except Israel. 23 THE ISRAELI ECONOMY AT A GLANCE 2009
0.8
and Israel C.B.S Portugal
1.1 Spain Souce: OECD and Israel C.B.S. Source: OECD
1.3 Ireland
1.5 ic
l
1.6 Repub Czech
Kingdom d
1.9
Unite ce
n Fra
2.1
ates t
S
d Unite
2.4 Denmark
2.5
Germany
Korea
3.2 3.2 n a Jap
3.4 Finland
3.6 Sweden
4.5 Israel 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 2006 OR THE LATEST AVAILABLE YEAR AVAILABLE THE LATEST 2006 OR D EXPENDITURE AS A PERCENTAGE OF GDP, OF PERCENTAGE A AS D EXPENDITURE 24 R&
THE ISRAELI ECONOMY AT A GLANCE 2009
5.8 g n
g Ko g
n
Ho
13.9 el a Isr
SOURCE: U.S. Bureau of Labor Statistics
16.0 ea r
Ko
n
19.8 a
Jap
24.6 tes
a
ed St ed
it
Un
28.6 ce n Fra 29.0
IN U.S. DOLLARS Ireland
29.7 m
ngdo i
ed K ed
it
34.2 nd Un
MANUFACTURING, 2007 MANUFACTURING, la Fin
36.0
den
e Sw
HOURLY COMPENSATION COST IN COST COMPENSATION HOURLY
k
42.3
mar
n De 5 0 45 40 35 30 25 20 15 10 25 THE ISRAELI ECONOMY AT A GLANCE 2009
e c e e r G 8.9 17.6 90.3
A . S . U 51.9 34.7 31.6 l a g u t r o P 28.0 109.1 13.3
in a p S 35.4 28.1 96.8
m iu lg e B Source: International Telecommunication Union. Telecommunication Source: International 46.1 34.7 90.8
n a p a J 74.0 54.2 50.2
d n Cellular subscription la e r I 27.6 49.7 101.5
e c n a r F 43.2 57.9 79.4 y n a m r e G 45.4 54.5 95.8 Personal Computers ia r t s u A 99.8 48.9 61.1 k r a m n e m D o d g 65.5 52.6 100.7 in K
Internet users d e it n U 62.9 60.0 102.2
l a e n a i r h s I C ,
INDICATORS COMPARISON INDICATORS g 46.6 73.4
112.4 n o K g INFORMATION TECHNOLOGY TECHNOLOGY INFORMATION n o
SELECTED OWNERSHIP PER 100 INHABITANTS, 2005 PER 100 INHABITANTS, SELECTED OWNERSHIP H 50.1 59.3 123.5
n e d e w S 75.46 76.14 93.31 0 50 300 250 200 150 100 26 THE ISRAELI ECONOMY AT A GLANCE 2009
6.7 Spain Source: OECD
6.9 Germany
7.1 Portugal Portugal
7.5
h Rep. h
c
Cze Japan
7.9 7.9 Denmark
8.7
d States States d
e Unit
10.7
dom
g
d Kin d e
10.8 Unit Sweden Sweden
10.9 Hungary ICT: Information and Communications Technologies Information and Communications ICT:
12.0 Ireland
13.7
Korea
d 14.8 n
SHARE OF ICT VALUE ADDED IN VALUE ICT SHARE OF BUSINESS SECTOR PRODUCT 2006 PRODUCT BUSINESS SECTOR Finla
17.0 Israel 8 6 4 2 0 20 18 16 14 12 10 27 THE ISRAELI ECONOMY AT A GLANCE 2009
2.6 Portugal Portugal Source: OECD
3.9 Spain
4.7
h Rep. h
c Cze
4.9
dom
g
d Kin d e
5.5
Unit
d States States d
e
5.6 Unit Germany
6.1 Japan
6.2 Korea
6.3
Hungary
6.5 e
nc
a Fr SECTOR, 2006 SECTOR, ICT: Information and Communications Technologies Information and Communications ICT:
7.0 Denmark
8.3 Ireland
8.4 Israel 8.7
SHARE OF ICT JOBS IN BUSINESS ICT SHARE OF
Sweden Sweden
9.8 d n Finla 8 6 4 2 0 12 10 28 TABLES THE ISRAELI ECONOMY AT A GLANCE 2009
Main Indicators 2005-2008
2005 2006 2007 2008 05-08 Annual Real annual percentage change average Gross Domestic Product 5.1 5.2 5.4 4.0 4.9 Business Sector Product 6.2 6.4 6.2 4.4 5.8 GDP per capita 3.3 3.3 3.5 2.1 3.1 Fixed Capital Investment 2.7 6.5 12.0 3.8 8.8 Buildings and other construction works -2.0 8.7 6.3 1.6 3.7 Investment
2005 2006 2007 2008 05-08 Annual Average
Current Balance (Billions 4.2 7.2 4.2 1.6 4.3 of Dollars)
Net External Debt -21.1 -33.3 -43.0 -46.3 -35.9 (Billions of Dollars)
Consumer Price Inflation 2.4 -0.1 3.4 3.8 2.4 (Annual percentage change)
Source: C.B.S., Ministry of Industry, Trade & Labor 30 THE ISRAELI ECONOMY AT A GLANCE 2009
Population, Immigration and Employment
2003 2004 2005 2006 2007 2008 Average Population 6,690 6,809 6,929 7,054 7,180 7,308 (thousands) Percentage change in average 1.8 1.8 1.8 1.8 1.8 1.8 population Immigration (thousands) 23 20 21 19 18 14 Employed Persons (thousands) 2,330 2,401 2,494 2,547 2,682 2,777 Unemployed Persons 280 278 246 236 212 180 (thousands) Unemployment Rate (%) 10.7 10.4 9.0 8.4 7.3 6.1
Source: C.B.S. Main Industrial Indicators Real Annual Percentage Change
2003 2004 2005 2006 2007 2008
Production -0.3 6.9 3.7 8.4 4.4 7.0
Export 3.1 17.3 4.4 11.1 11.9 8.8
Employment -2.3 1.1 1.6 2.9 3.9 1.8
Productivity 2.0 5.7 2.1 5.3 0.5 5.1
Gross Investment -8.7 8.3 6.2 26.6 19.6 17.1
Capital Stock 2.9 3.0 2.9 4.3 4.3 6.0
All figures refer to total industry excluding diamonds. Source: C.B.S. , Ministry of Industry, Trade and Labor & Bank of Israel. 31 THE ISRAELI ECONOMY AT A GLANCE 2009
Imports of Goods (gross) By Major Category Millions of U.S. $ (Current Prices)
2003 2004 2005 2006 2007 2008
Consumer goods 4,257 4,977 5,330 5,901 6,852 8,240
of which, durable 1,733 2,150 2,312 2,513 2,842 3,189
Production inputs 24,584 29,936 33,340 35,155 40,491 46,604
Investment goods 5,342 6,020 6,226 6,746 9,231 10,270
of which, machinery & 4,399 4,876 4,949 5,242 6,473 7,127 equipment
Total Imports 34,212 40,969 44,943 47,841 56,623 65,173
Source: C.B.S.
32 THE ISRAELI ECONOMY AT A GLANCE 2009
Exports of Goods (gross) Millions of U.S.$ (Current Prices)
2003 2004 2005 2006 2007 2008
Agricultural exports 715 908 1,027 1,029 1,326 1,226
1. Citrus 62 74 97 81 114 101
2. Flowers 190 220 246 216 230 203
Industrial exports 28,441 34,308 37,627 42,038 48,845 56,156
1. Polished Diamonds 8,991 10,577 12,061 12,737 14,569 15,522
2. Industrial exports 19,450 23,731 25,566 29,301 34,276 40,634 excluding diamonds
Of which hi-tech 9,000 10,982 11,767 14,156 15,781 17,150
Other exports 2,628 3,402 4,116 3,381 3,921 3,957
Total Exports 31,783 38,618 42,770 46,448 54,092 61,339
Source: C.B.S., Foreign Trade.
33 THE ISRAELI ECONOMY AT A GLANCE 2009
Service Sector Exports Millions of U.S.$ (Current Prices)
2003 2004 2005 2006 2007 2008
Travel & Tourist 2,060 2,380 2,783 2,755 3,095 4,057 Services
Transportation 2,599 3,201 3,686 3,659 4,444 5,170 Services
Other Business 8,609 10,352 10,909 12,713 13,513 14,815 Services
Of which: 2,878 3,176 3,384 3,991 4,364 4,849 Computer Software
Research & 1,252 1,593 1,278 1,768 1,711 2,911 Development
Total Services 13,222 15,979 17,436 19,185 21,107 24,088
Source: C.B.S., Balance of Payments
34 THE ISRAELI ECONOMY AT A GLANCE 2009
Israel's Foreign Trade Policy
Introduction International trade plays a vital role in the economy of the State of Israel. Indeed, the Israeli economy has integrated into the global trading system in a rapid and efficient manner, by implementing multilateral and bilateral trade agreements, as well as by pursuing a unilateral process of trade liberalization and structural reforms.
In harmony with the policy steps, aiming at the full integration of the Israeli economy into global trade trends, the Israeli economy has undergone a substantial process of structural reforms. In a relatively short time the Israeli economy has developed into a liberalized marketplace trading in a wide range of manufactured goods and services worldwide. Throughout the 1990’s, mass immigration from the former Soviet Union, proactive economic policies, fiscal and monetary reforms pursued by the Israeli government, initiated a period of innovation and growth. The Israeli economy became open to competition from within and without, driven by the private sector. Intense entrepreneurial activity became the hallmark of the business environment, attracting the attention of foreign and local investors. The Israeli technological, research and knowledge based industries have gained world wide recognition and have served as an engine for economic growth.
(1)Trade Policy Israel's trade policy objectives are as follows:
Continued integration of the Israeli economy into the global trading system, through the use of policy instruments that relate to trade in goods, services, investments, competition, environment, intellectual property, development and others. Promoting and maintaining Israel’s export competitiveness by expanding and updating the network of international agreements designed to promote trade, facilitate market access, eliminate non-tariff barriers and achieve sustainable economic growth. Increasing the efficiency of resource allocation, by enhancing reforms that aimat the introduction of greater competition and increased transparency in the domestic market. 35 THE ISRAELI ECONOMY AT A GLANCE 2009
Creating an attractive climate for investors, businesspeople, consumers and the public as a whole.
Israel’s trade policy is enhanced by a wide range of international agreements and commercial arrangements with countries and international bodies. In recent years, the Government of Israel has been pursuing its international trade policies in a well coordinated effort, along three paths in parallel: multilateral, bilateral and unilateral.
WTO
Israel is a founding and active member of the WTO. Israel respects and supports the fundamental principles and norms of the WTO i.e. non-discrimination, rule based system, transparency, consensus in decision-making, fair trade, progressive liberalization and special & differential treatment for Developing countries and Least Developed countries.
Israel supports the Doha Development Round of negotiations in the WTO, and hopes it will come to a successful conclusion soon.
Israel has faithfully implemented its Uruguay Round obligations. It took an active part in the negotiations on basic telecommunications and financial services. Its commitments under the Forth and Fifth Protocols of GATS reflect open and liberal policies, as well as its willingness toachieve even greater liberalization.
Israel has also been actively participating in plurilateral trade arrangements initiated under the framework of the WTO such as the Government Procurement Agreement (GPA).
Israel was among the first group of WTO Member countries who signed on the Information Technology Agreement (ITA), in 1997. That Agreement called for the elimination of tariff duties on telecommunications equipment, computers and related equipment on an MFN basis.
36 THE ISRAELI ECONOMY AT A GLANCE 2009
OECD
In May of 2007, Israel was among a handful of countries invited to begin membership talks with the Organization for Economic Cooperation and Development (OECD). The different committees of the organization are conducting a review of Israel’s economic policies and much progress has already been made in the process towards full accession.
Israel enjoys observer status in a substantial number of OECD Committees and Working Groups and in a number of cases has achieved full membership status.
Israel is a signatory to the OECD Declaration on International Investment and Multinational Enterprises, giving Israel full member status in the Investment Committee and Working Party. Likewise Israel adhered to the Mutual Acceptance of Data in the Assessment of Chemicals in the framework of the Committee on Chemicals and again received full Member status to the Working Party on Chemicals.
Recently Israel joined the Anti Bribery Convention.
(2) Bilateral Trade Agreements Israel’s bilateral trade agreements cover a substantial portion of Israel’s international trade.
Israel has had free trade agreements with its major trading partners for many years - with the European Union since 1975, with the United States since 1985, as well as with the EFTA states since 1993. In November 1995, Israel and the European Union concluded a more comprehensive agreement to cover wide aspects of economic relations beyond trade in goods, enabling Israel’s participation in the European Union’s Research and Development Framework Programs.
In recent years Israel and the EU have signed several agreements and protocols to further liberalize trade in agricultural goods, to include Israel in the Pan-European system of cumulation of origin, and the participation of Israel in the European space project of Galileo. During the last two years Israel and the EU have been involved in a wide ranging dialogue within the framework of the European Neighborhood Policy. This includes issues such as negotiations on standardization, services and dispute settlement procedures. 37 THE ISRAELI ECONOMY AT A GLANCE 2009
As part of its policy to further open markets, and to maintain Israel’s exports competitiveness in European and North-American markets, free trade agreements have also been signed with Canada (1996), Turkey (1997), and Mexico (2000).
Israel continues to explore new initiatives to expand its market access to other countries through either multilateral or regional agreements. Recently, Israel has been focusing its attention on Asia and Latin America, in the light of the growing importance of these regions in world trade. Israel and the MERCOSUR (Argentina, Brazil, Paraguay, and Uruguay) have concluded a Free Trade Area agreement. The Agreement awaits ratification. When entered into force, this Agreement will gradually eliminate most customs duties on trade in goods from both sides.
Economic relations with its neighbors in the Middle East are of particular importance to Israel. Israel has also initiated and signed regional trade arrangements; Qualified Industrial Zone (QIZ) Agreements, operating under the framework of the Israel-US free trade area agreement, have been concluded with Jordan (1997) and Egypt (2004). The QIZ Agreements have contributed enormously to the bilateral growth of trade between Israel and Jordan on the one hand and Israel and Egypt on the other hand. Israel is confident that regional economic cooperation will contribute to the peace process and to the well-being of all people in the region.
(3) Unilateral trade liberalization Israel has a liberal and open trade policy. An Import Policy Department is active within the Foreign Trade Administration. Its mandate is to explore ways to further facilitate the flow of trade into, and out of, the Israeli market as well as to carry out liberalization steps.
The Free Import Order was last updated in 2008, and will be updated again towards the end oh 2009 . This order deals with free imports of goods into Israel subject to licensing requirements and/or standards, so as to ensure the safety and security of consumers and the public as a whole. As a result, the Government of Israel has introduced more transparency into the import licensing procedures, thereby removing bureaucratic barriers to trade.
38 THE ISRAELI ECONOMY AT A GLANCE 2009
Investment Promotion Center
is Israel's Investment Promotion Center at the Ministry of Industry, Trade and Labor. The center promotes foreign direct investment into Israel, and encourages additional investment by multinationals already invested in the country. FDI plays an important role in the economic development of Israel by enhancing competitiveness through tech transfer, infrastructure development, productivity and increased employment
provides the potential and current investor an array of professional services during the pre, present and post stages of the investment process. These include:
Current and accurate information on incentives available to the investor. Coordination of investor visits and introductions to relevant businesses. Maintaining a liaison with government and non-government agencies responsible for investment policy. Providing comparative analysis on services and information on costs of business operations in Israel. Business reports of Israel’s leading target sectors and implementation of activities to promote these sectors. Present Israel’s breakthroughs record
Israel has a proven track record of breakthroughs owing to its talented workforce, which includes the world’s highest percentage of engineers and scientists and is supported by sophisticated infrastructure. Israel has the highest investment in R&D as a percentage of GDP per capita and has continued to attract foreign investment, which reached $10.5 billion in 2008, despite the present economic challenges. A small country with limited resources, Israel is ranked as the 23rd most competitive economy out of 134 countries by the World Economic Forum. For more information on investing in Israel, visit www.investinisrael.gov.il; or email Investini [email protected], or the closest Israeli economic representative: www.investinisrael.gov.il/ offices. 39 THE ISRAELI ECONOMY AT A GLANCE 2009
Israel’s International Trade and Economic Agreements Free Trade Protection of Avoidance of Double Agreements on R&D MFN Trade Agreements with non Area Agreements Investments Taxation WTO Members Canada Albania Austria Funds Kazakhstan Mexico Argentina Belarus Canada Russian Fed. U.S.A Armenia Belgium Singapore Ukraine E.U. Azerbaijan) Brazil South Korea E.F.T.A. Belarus Bulgaria United Kingdom Uzbekistan Standardization & Product MERCOSUR (1) Bulgaria Canada Parallel Funding Certification Turkey China China Argentina Moldova Qualified Industrial Ukraine Zones (QIZ) Agreements Croatia Croatia Belgium/ Flanders
Egypt Cyprus Czech Rep Brazil Turkey Denmark Statement of Intent – MOITAL and US Jordan Czech Republic Ethiopia China Consumer Product Safety Commission (CPSC) El Salvador Finland Czech. Rep Estonia France Denmark Ethiopia Germany Finland Georgia Greece France Germany Hungary Germany Guatemala () India Greece India Ireland Hungary Kazakhstan Italy India Latvia Jamaica Ireland Lithuania Japan Italy Moldova Latvia Maryland Mongolia Lithuania Netherlands Poland Luxemburg(1) Ontario/CA Romania Mexico Portugal Serbia-Montenegro Moldova Slovenia Slovakia Netherlands Spain Slovenia Norway Sweden South Korea Philippines Taiwan South Africa(1) Poland Turkey Thailand Portugal Uruguay Turkey Romania Victoria/Au Turkmenistan Russian Fed Virginia Uruguay Singapore E.U Uzbekistan Slovenia Seventh Framework Program Slovak Republic CIP (EIP) S.Africa E.E.N S.Korea U.S.A U.S. Science and Spain Technology Commission Sweden BIRD Foundation Thailand OTHER Turkey Eureka (1) To be ratified U.K. Eurostars Source: Ministry of Industry U.S.A Clusters & Trade, Foreign Trade Ukraine Galileo Department, International Division. Uzbekistan Cern 40 Switzerland THE ISRAELI ECONOMY AT A GLANCE 2009
Investment Incentives
Investment incentives are outlined in the Law for the Encouragement of Capital Investment* which was recently revised. The new Law differs from the previous one in that it adds a new path for incentives - an automatic one. The incentive programs can be divided into 2 main types:
1) The Grants program - administered by the Israel Investment Center (IIC), a department of the Ministry of Industry, Trade and Labor
2) The Automatic Tax Benefits program administered by the Tax Authorities.
To qualify, investment projects must meet certain criteria including: international competitiveness (as described in the law), minimal designated investment, high added value and registration of the company in Israel.
Once these criteria are met, the enterprise gains Approved Enterprise status from the IIC if it chooses the grants program, and Beneficiary Enterprise status by the Tax Authority if it chooses one of the tax benefits programs. It is then eligible for incentives, such as grants ofup to 24% of tangible fixed assets (grants program only) and/or reduced tax rates, tax exemptions and other tax related benefits. Location
The government grants scheme is affected in part by the location of the company's activities. Several regions in Israel have been declared National Priority Regions:
Priority Area A includes: The Galilee Jordan Valley The Negev Jerusalem (for hi-tech enterprises)
Priority Area B includes: Lower Galilee Northern Negev Area C includes the rest of the country. * The law was modified in 2008. 41 THE ISRAELI ECONOMY AT A GLANCE 2009
Grant Program The amount of the government grant is calculated as a percentage of the original cost of land development and investment in buildings (except in Area C), in machinery and equipment. This cost includes installation and related expenses. The percentages are:
Table 1 Priority Area A* Priority Area B
Industrial projects 24% 10% Up to NIS 140 million Industrial projects 20% 10% Above NIS 140 million Investment in hotels and 24% 10% other accommodations Other tourist enterprises 15% -
* Plus an additional grant of up to 8% for companies locating in the south ("Negev Law") Time to Completion
Under the provisions of the grants scheme, 20 percent of the approved program for industrial projects should be completed within 24 months of the date of approval. The investment program must be completed within 5 years from the date of approval.
Tax Benefits a) Grant Program Companies choosing the grant program also receive tax benefits for a period of 7 consecutive years, starting with the first year in which the company earns taxable income (grants are not considered income). Tax benefits are determined by the percentage of foreign control: the more foreign control in the enterprise, the higher the benefits. If at least 25% of an Approved Enterprise's owners are foreign investors, the enterprise is eligible for a 10 year period of tax 42 benefits, as in the following table: (All figures are percentages). THE ISRAELI ECONOMY AT A GLANCE 2009
Table 2 Company that is Company owned by Foreign Investors not an Approved Enterprise Tax rates by ownership stake (in %)
90 to100 74 to 90 49 to 74 Less than 49
Taxable Income 100 100 100 100 100 Company Tax 10 15 20 25 34
Balance 90 85 80 75 66
Dividend tax: 13.5 12.75 12 11.25 25 15% of balance Total tax on distributed 23.5 27.75 32 36.25 50.5 income
b) Automatic Tax Programs There are 3 types of automatic tax programs: 1. Alternative tax program. 2. Priority area program. 3. Strategic program.
1. Alternative tax program: A company can choose this program by waiving the project's rights to a grant and will receive complete exemption from corporate tax on its undistributed income, as detailed below.
Priority Area A: Priority Area B: Area C / Central Israel:
6 years of complete tax 2 years of complete tax 10 years exemption and 1 year of exemption and 5 years of of complete tax tax benefits, 4 years for a tax benefits, 8 years for a exemption foreign investor foreign investor 43 THE ISRAELI ECONOMY AT A GLANCE 2009
2. Priority area program: For companies investing in Priority Area A, benefits include:
a. Corporate tax rate of 11.5%.
b. Dividend tax rate of 15%, total tax rate of 24.5%.
For a foreign investor, the dividend tax rate is 4% and a total tax rate of 15%.
The benefit period is for 7 years. If at least 25% of the company is foreign owned then the benefit period is 10 years.
3. Strategic program: This program is intended mainly for large multi-national companies meeting the following criteria: an annual turnover of at least $3 billion and a minimum investment of $130 million in the project itself. Location: Priority Area A Benefits include:
a. Corporate tax – 0% (i.e. complete tax exemption).
b. Dividend tax – 0%.
c. Benefit period – 10 years.
N.B. Recent amendments to the law now require adherence to environmental standards as a prerequisite to recognition as an approved enterprise.
Source: Investment Centre, Ministry of Industry, Trade and Labor.
44 THE ISRAELI ECONOMY AT A GLANCE 2009
Employment Grant Program
Background In order to complement the revised Law for the Encouragement of Capital Investments the government established an additional program to increase employment in the outlying areas of Israel as well as specific centers with high unemployment. Support will be granted for the establishment or expansion of industrial plants, telephone call centers, computer service support centers or logistic centers. Initially the budget for this program was 450 million NIS (approximately $100 million) spread over 3 years -150 million NIS per year, for the period 2005-2007. The program was then aimed at specific and mainly lower-earning workers, by means of a special bidding system.
Recent Developments
However in the wake of the global economic recession and its impact on the Israeli economy, specifically the rise in unemployment levels, this track was expanded to include new target groupsof workers. The Ministry of Trade, Industry and Labor restructured the special Employment Track of the Investment Centre in order to encourage investments as well as add new workers to the employment force.
In light of the above the Ministry singled out the following special needs groups:
Persons with medically recognized physical restrictions.
Population groups of low unemployment, such as the ultra-orthodox, minorities, single- parents.
Businesses in the Sderot and outer-Gazza region. 45 THE ISRAELI ECONOMY AT A GLANCE 2009
The Format
Based on the original track the format of the program remains the same. In order to be granted the support from this program companies have to compete. Twice a year companies are invited to make proposals. The budget allocated for each round stands at approximately 75 million NIS.
Wages paid are restricted to specific minimum wages or above, depending on the specific target group.
Similarly peripheral regions are eligible to partake in the tender in accordance with specific outlines of the program.
More details of this track should be accessed through the Ministry of Industry Trade and Labor's Investment Center.
REMARK: This page is a brief and truncated summary of two original documents in Hebrew. For full details of the Employment Grants Program the original Hebrew documents should be consulted.
46 THE ISRAELI ECONOMY AT A GLANCE 2009
Incentives for Industrial R&D in Israel
The Office of the Chief Scientist (OCS) at Israel's Ministry of Industry, Trade & Labor is responsible for the implementation of governmental policies regarding the support and encouragement of industrial research and development in Israel.
A variety of ongoing R&D support programs developed and offered by the OCS, have played a major role in enabling Israel to become a key center for hi-tech entrepreneurship. This section highlights the OCS's local and international support programs. Local Prorams
Technology infrastructure enhancement
Magneton Promotes technology transfer from academic institutions to industry via mutual cooperation between an industrial company and an academic research group. Project's budget is up to 800,000 US$ and its duration is up to 24 months. Grants are up to 66% of the approved budget. -No royalty payments. Noffar Designed to support applied academic research in biotechnology & nanotechnology in order to adjust it to relevant applications in the industry and promotes the transfer of these technologies to the industry. Project's budget is up to 100,000 US$ and its duration ranges between 12 to 15 months. Grants are up to 90% of the approved budget. -No royalty payments.
Pre Seed
Tnufa Encourages and supports technological entrepreneurship and innovation at pre-seed stage. Assists individual inventors and startup companies during earliest stages of projects, including evaluation of technological and financial feasibility, preparation of patent proposal for submission to authorities, construction of prototype, preparation of business plan, establishing contact with the appropriate industry representatives as well as attracting investors. Grants of up to 85% of approved expenses for a maximum of $50,000 for each project. 47 THE ISRAELI ECONOMY AT A GLANCE 2009
Technological Incubators Provides a framework and support for nascent companies to develop their innovative technological ideas and form new business ventures in order to attract private investors. The program is open to private investors to become owners of incubators and to invest in the nascent companies at an early stage, enabling a greater return on investment. From 2002 to 2008, 22 of 24 technological incubators have been acquired by private investors. Establishment of a designated Bio-Technology Incubator, open to bio-tech projects, provides professional services with larger funds and extended incubation term. Establishment of two new Industrialized Incubators, open to less innovative projects provides support and guidance towards manufacturing, commercialization and initial sales. The program supports activities of Young Entrepreneurs Organization, in high schools. Grants are up to 85% of approved budget.
Competitive R&D R&D Fund Supports industrial competitive R&D programs. Approved R&D program must last at least one year, and should lead to the development of a new product or a significant improvement to an existing product. The development should also leadtoa new industrial process or a significant improvement in an existing industrial process. Grants are up to 50% of the total approved R&D expenditures. The annual budget of $230 million is spent on 775 projects being undertaken by 500 companies. Proposals are approved by the OCS Research Committee and grants are awarded according to the terms and conditions set by the OCS Research Committee. Grants are provided as a percentage (between 20% and 50% depending on the circumstances and the estimated potential of individual projects) of the estimated R&D expenditures approved by the OCS Research Committee. The Beta-Site Stage (interim stage between R&D and marketing) is recognized as an important and integral part of the R&D project, with the aim of testing the product in "real-life" situations, by being operated by selected end-users who give technical feedback and suggestions for product modifications. Assistance for this stage is given as part of the R&Dgrant. When a government assisted R&D project results in a commercially successful product, the company is obligated to pay royalties, which will be used to fund future grants to encourage and support other industrial R&D programs. In general, royalty payments are 3% - 3.5% of the total annual revenues derived from the sales of a developed product which R&D was supported by OCS grants. Reports and payments are made semiannually. 48 THE ISRAELI ECONOMY AT A GLANCE 2009
Support of Traditional Industry This support program, launched in 2005, offers separate evaluation and discussion for projects from traditional industries. Private consultation is offered to traditional industry companies applying to the OCS for the first time. OCS acknowledges traditional industry as a preferred sector and therefore, its R&D programs are supported by 50%. Pre Competitive R&D Magnet consortium Supports the formation of consortia made up of industrial companies and academic institutions, in order to jointly develop generic, pre competitive technologies. The duration of a Magnet Consortium is 3-5 years. Grants are up to 66% of the approved budget for industry and up to 80% for the academic institution. -No royalty payments. Katamon Promote water technology projects by triple cooperation between industrial company, academic research group and water infrastructure company. - Project's budget is up to US$1M, and its duration is up to 30 months. - Grants are up to 50%. - No royalty payments. Research Institutes Supports R&D programs carried out by Research Institutes according to criteria. Grants are up to 90% of approved budget. Generic R&D Encourages companies investing heavily in R&D to invest a significant percentage of funds in long- term generic R&D. Grants are up to 50% of the approved budget. - No royalty payments. R&D Centers in Universities Aims to create and develop technological infrastructure for industry use. In 2005, the"Russell Berrie Institute for Nanotechnology" was established at the Technion in Haifa. In 2008, the new "National Institute for Biotechnology Research and Development in the Negev", was established at the Ben Gurion University in Be'er Sheba. Support is offered in cooperation with the Telem Forum, the Ministry of Finance, the Planning and Budget Committee of the Council for Higher Education (VATAT) and the Ministry of Defense.
Multinationals International Programs Matimop Promotes and assists participation of Israeli companies in international bilateral or multilateral cooperation programs for industrial R&D. Promotes joint industrial development of advanced technologies. Maintains updated database of projects in many advanced technologies and database of profiles of Israeli industrial companies seeking international cooperation. 49 THE ISRAELI ECONOMY AT A GLANCE 2009
Europe’s R&D Framework Agreement – ISERD Israel is the only non-European country fully associated with the EU’s Framework Program for Research and Development. The Framework Program is the main facilitator for research funding in Europe, bringing together industrial and academic research. The program offers Israeli companies and research organizations an opportunity to participate in jointly implemented projects with European counterparts and thus become better integrated into European business and scientific communities. ISERD – The Israeli Directorate for EU FP7, operating through the Office of the Chief Scientist of the Ministry of Industry, Trade and Labor, is Israel’s official National Contact Point (NCP) with the EU, for all FP activities. ISERD aims to promote joint Israeli-EU R&D ventures within the FPs. Grants to SMEs are 75% of the full cost with real overheads. Large industrial partners will receive 50% of the full cost with real overheads. Eureka Eureka is the largest European program for Industrial R&D, supported by nearly 40 member states. Israel is a full member in Eureka since 2000, and will chair the program in 2010-2011. Currently Israeli companies take part in more than 10% of all running Eureka programs. Eureka is aiming to promote collaborative market-driven R&D projects in virtually all fields of civilian technology. Being non- bureaucratic and SME friendly, over 40% of Eureka project participants are small/ medium enterprises (SME) – including start up companies. The projects enjoy access to national and regional funding schemes. Israeli companies participating in the program are entitled to receive R&D grants from the OCS. Since 2008, Eureka operates together with the European Commission the Eurostars program, which is dedicated to support, in favorable conditions, R&D performing in SMEs and start-ups in close to market R&D projects. Matimop, the Israeli Industry Center for R&D, is the national agency acting on behalf of the OCS as the Israeli national program coordinator (NPC) for Eureka, Eurostars, Galileo and bilateral programs with European countries, regions and R&D organizations. The Global Enterprise R&D Cooperation Framework - GIRDF This program attracts prominent multinational corporations (MNC) to forge investment cooperation deals with Israeli startups. The Framework’s main purpose is to provide a friendly, favorable approach & supportive work environment ("one-stop-shop") for Israeli start-ups looking to collaborate with the MNC. Within this framework, both OCS and the MNC commit to invest in pre-selected R&D projects, conducted jointly by the MNC and the Israeli company. The MNC is not requested to invest money; instead it can provide the startup with facilities like: technological guidance, borrowing equipment, lab facilities, discounted software licenses, business mentoring, etc. The IP, created from the joint project, may be owned jointly by the startup and the MNC. OCS operates several MNC R&D cooperation agreements with IBM, Oracle, Merck, Coca Cola, 50 Deutsche-Telecom. THE ISRAELI ECONOMY AT A GLANCE 2009
Bi-nationals Bi-national Funds The programs enable the participation in joint R&D projects with foreign counterparts. Grants are up to 50% of R&D expenses of each company from each state.
Fund Name Countries BIRD Israel - USA (www.birdf.com) BRITECH Israel - UK (www.britech.org) CIIRDF Israel - Canada (www.ciirdf.ca) KORIL-RDF Israel - Korea (www.koril-rdf.or.kr) SIIRD Israel - Singapore (www.siirdf.com) For further details on each of these funds see website address or contact OCS directly.
Bi-Lateral R&D programs The Government of Israel through the OCS has signed agreements together with other governments to actively support and encourage industrial R&D cooperation between Israeli and overseas industries. International industrial R&D cooperation will usually include access to know-how and technologies that are not otherwise readily available to the participants as well as access to new markets. Matimop, the Israeli Industry Center for R&D, operates international R&D agreements on behalf of the OCS with Italy, Belgium, Ireland, Germany, Holland, Spain, Portugal, Finland, France, Sweden, Denmark, India, Turkey, Brazil, Argentina, Uruguay, Greece, China, Russia, the Czech Republic, Hungary, Ontario (Canada), Maryland (USA) and Victoria (Australia). The programs enable access to sources of national and regional funding; Israeli companies taking part in these programs are entitled to receive R&D grants from the OCS.
US-Israel Science & Technology Commission The US-Israel Science & Technology Commission creates an infrastructure for bi-national collaboration at the highest levels of government, academia and industry. The Commission acts for the removal of impediments and the development of a seamless work environment for conducting R&D collaboration and maximizing the contribution of science and technology to economic growth. The Commission focuses on Life Sciences, Clean Technology, Homeland Security, Aerospace, Renewed Energy, Water Technology, and Personalized Healthcare. 51 THE ISRAELI ECONOMY AT A GLANCE 2009
ICA - Industrial Cooperation Authority Industrial Cooperation in Israel The "Industrial Cooperation Authority", ICA is an Israeli Government entity, operating within the Ministry of Industry, Trade and Labor. ICA initiates, coordinates and monitors industrial and commercial cooperation activities following Government, Government-owned companies, public institutes and other State entities procurement. ICA also promotes and monitors commercial and industrial cooperation activities related to selected areas of non-government trade. ICA is authorized to supervise the enforcement of the “Mandatory Tenders Regulations,” pertaining to the Mandatory Tenders Law regarding Mandatory Industrial Cooperation. ICA operates within the rules of the Government Procurement Act and other international agreements and cooperates with parallel organizations in countries worldwide. ICA is based in Jerusalem and in Tel Aviv, and also has an office at the Israel Economic mission in New York, covering activities in North America. ICA’S INDUSTRIAL COOPERATION APPROACH Cooperation Based On Competitiveness In many countries local directives obligate foreign companies to purchase - due to their sales in these countries - locally manufactured products, or carry out other reciprocal business activities to a value of up to and over 100 percent of said sales, involving the signing of back-to-back purchase, offset or other counter-trade agreements. In most cases, such agreements contain legally-binding clauses, which specify a variety of penalties to be directly imposed on the company in the event of noncompliance. These penalties, apart from the realization of bank guarantees, warranties etc., are imposed irrespective of the competitiveness of the products offered in these countries, or of the company’s actual needs. ICA feels that long-term cooperation must ultimately depend on the competitiveness of Israeli products. ICA believes that a company’s undertaking for industrial cooperation to be realized in Israel should, not carry penalties, warranties or other financial guarantees. ICA’s policy is aimed at developing new markets for high quality competitive goods and creating a framework for bilateral or multilateral industrial and trade cooperation between the Company or its subsidiaries and Israeli industry.
Purchases, or any other industrial cooperation activities, subsequent to an industrial cooperation 52 undertaking, are expected to be carried out on a competitive basis. THE ISRAELI ECONOMY AT A GLANCE 2009
Once contact has been established between a foreign company and an Israeli manufacturer, ICA will assist the parties, as much as required by either of them, without being directly involved in the detailed negotiations between them. Within the framework of its undertaking, the company will carry out all necessary activities aimed at enabling Israeli firms to qualify as its subcontractors, such as quality assurance qualification, or any other certification in orderto become a qualified supplier. The company will appoint a local liaison officer to be responsible on its behalf for fulfilling the undertaking, for managing all relevant activities and serving as the Company’s coordinator with ICA and Israeli industry.
THE FIRST STEP IN LONG TERM RELATIONSHIPS
Industrial Cooperation with Israel may be your company’s introduction to one of the world’s most advanced industries and economies. ICA is confident that your Industrial Cooperation Program will be the cornerstone of a mutually beneficial and long-lasting business relationship with Israeli industry. The following table is an extract from the ICA’s annual report for 2008, and provides insight as to the magnitude of its activities.
Commitments and Fulfillments of Sales, 2004-2008 Millions of Dollars
Commitments Fulfilments Year Civilian Military Total Civilian Military Total 2004 323 214 538 1,060 689 1,749 2005 148 132 280 1,288 531 1,819 2006 972 534 1,506 2,390 569 2,959 2007 325 163 489 2,392 711 3,103 2008 280 178 457 1,835 842 2,678 Total 2,048 1,221 3,270 8,965 3,342 12,308
Additional information is available at ICA offices: Industrial Cooperation Authority – Jerusalem - Israel 5 Bank of Israel Street Jerusalem, Israel Tel: +972 2 666 2410 Fax: +972 2 666 2979
Industrial Cooperation Authority – Tel Aviv - Israel 86 Menachem Begin Rd. P.O. Box 36049 Tel Aviv, 67138 Tel: +972 3 5634178 Fax: +972 3 5634177 Web site: www.ica.gov.il 53 THE ISRAELI ECONOMY AT A GLANCE 2009 ECONOMIC & TRADE REPRESENTATIVES ABROAD
WHEN THE NAME OF THE COUNTRY IS WRITTEN IN RED – The Representatives are from the Ministry of Industry, Trade & Labor • WHEN THE NAME OF THE COUNTRY IS WRITTEN IN BLACK – The Representatives are from the Ministry of Foreign Affairs • Most Websites in this list are in the local languages • Information in Hebrew is available on this Website • Check list for contacting Israel's Economic Representatives 54 • Profile Form for Exporters THE ISRAELI ECONOMY AT A GLANCE 2009 ANGOLA
Mr. Sagi Karni AZERBAIJAN Ambassador BULGARIA Embassy of Israel Mr. Arthur Lenk Ambassador Rua Rainha Ngina 34 Mr. Farid Musayev Ms. Yifat Inbar Edificio Siscal Luanda Head of Commercial and Trade First Secretary Tel: (+244.2) 2239-7331/5295 Department (Resident in Bucarest, Fax: (+244.2) 2239-6366 Embassy of Israel 1033 Izmir Romania) Embassy of Israel 1 E-mail:[email protected] St. Hyatt Tower 3 Baku Bulgaria Square N.D.K Tel: (+994.12) 490-7881/2/3 Administrative Building, 7th ARGENTINA Fax: (+994.12) 490-7892 Fl.Sofia 1463 E-mail: [email protected] Tel: (+359.2) 951-6962/5044 Fax: (+359.2) 952-1101 Mr. Daniel Gazit a.gov.il [email protected] Site: www.baku.mfa.gov.il E-mail: [email protected] Ambassador Site: www.israeltrade.gov.il/ Mr. Mariano Dujovne BELARUS bulgaria Trade officer Embassy of Israel Mr. Zeev Ben Arie CAMBODIA Ave. de Mayo 701, 10th floor Ambassador C.P. 1084 Embassy of Israel Mr. Tzahi Selzer Buenos Aires Partizansky Prospekt 6A First Secretary – Economic Tel: (+54.11) 4338-2519/20 Minsk and Trade Affairs (Resident in Fax: (+54.11) 4338-2617 Tel: (+375.17) 220-0958 Bangkok, Thailand) Embassy E-mail: [email protected] Fax: (+375.17) 220-8873 of Israel 75 Soi Wattana Sukhumvit Rd. Soi 19 fa.gov.il buenosaires@moital E-mail: [email protected] Bangkok 10110 Thailand .gov.il BELGIUM Tel: (+66.2) 204-9240/1 Site: www.israeltrade.gov.il/ Fax: (+66.2) 204-9245 argentina Ms. Natalie Gutman-Chen E-mail: bangkok@moital. First Secretary – Commercial gov.il AUSTRALIA Affairs Site:www.israeltrade.gov.il/ Embassy of Israel to Belgium cambodia Mr. Ehud Gonen and Luxemburg & Mission Trade Commissioner of Israel to the EU 40 Av. de CAMEROON Israel Trade Commission l'Observatoire Brussels 1180 PO Box 2626 Tel: (+32.2) 373-5533/4/5 Mr. Nir Avraham Ambassador Bondi Junction NSW 1355 Fax: (+32.2) 373-5666 E-mail: Natalie.G@israeltrad Ms. Amir Keizman Australia Second Secretary Tel: (+61.2) 9386-9378/ e.gov.il Site: www.israeltrade.gov.il/ Embassy of Israel P.O.B 5934 9389-6739 belgium Yaoundé Fax: (+61.2) 9386-5107 Tel: (+237) 220-1644, 221- E-mail: ehud.gonen@israeltra BRAZIL 1291 de.gov.il Fax: (+237) 221-0823 Site: www.israeltrade.gov.il/ Mr. Roy Nir E-mail: ambassador australia Consul – Economic Affairs @yaounde.mfa.gov.il Economic Mission of Israel to [email protected] AUSTRIA Brazil Av. Brig. Faria Lima, 1713-14 CANADA – Montreal Andar 01452-001, Sao Paulo Mr. Yoram Gilady Ms. Sandra Winston Minister – Economic Affairs SP Tel: (+55.11) 3032-3511 Trade Officer – Economic Embassy of Israel Fax: (+55.11) 3032-9233 Affairs Israel Economic Anton-Frank-Gasse 20 E-mail: [email protected] Mission 1155 Blvd. Rene 1180 Vienna Site: www.israeltrade.gov.il/ Levesque W. Suite 2620 Tel: (+43.1) 4764-6504 brazi Montreal, Quebec H3B 4S5 Fax: (+43.1) 4764-6576 Tel: (+1.514) 940-8518/00 E-mail: vienna@israeltrade. Fax: (+1.514) 940-8520 gov.il E-mail:[email protected] Site: www.israeltrade.gov.il/ [email protected] austria 55 THE ISRAELI ECONOMY AT A GLANCE 2009 CANADA – Toronto
Mr. Jonathan Levy Consul – Economic Affairs CROATIA Government of Israel CHINA – Shanghai Economic Mission to Canada Mr. Shmuel Meirom 180 Bloor St. West, Suite 700 Mr. Jackie Eldan Ambassador Toronto, Ontario M5S 2V6 Consul General Ms. Anat Ben Shitrit Tel: (+1.416) 640-8540 Consulate General of Israel Counsellor Fax: (+1.416) 640-8546 New Town Mansion Embassy of Israel E-mail: [email protected] 55 Loushanguan Ro., 7th Fl. Gradavukovara 271 Chromos Site: www.israeltrade.gov.il/ Shanghai 200336 Building 11th fl. Zagrev 10000 canada Tel: (+86.21) 6126-4500 Fax: (+86.21) 6126-4555 Tel: (+385.1) 616-9500 E-mail: dcm@shanghai. Fax: (+385.1) 616-9555 E-mail: [email protected] CHILE mfa.gov.il [email protected] CYPRUS Mr. David Cohen Site: www.shanghai.mfa.gov.il Ambassador Mr. Avraham Haddad Ms. Barbara Silva CHINA – Shenzhen Ambassador Head of Commercial Ms. Ravit Baer Department Mr. Dany Tal First Secretary Embassy of Israel Counsellor – Economic Affairs Embassy of Israel Ioanni San Sebastian 2812, Piso 5 for South China Gripari st. 4 P.O.B. 25159 Las Condes P.O.B. 146 Stgo Embassy of Israel No. 17 Tian Nicosia 1307 35 Santiago Ze Lu Chaoyang District Tel: (+357.2) 236-9500 Tel: (+562) 750-0517 Beijing 100600 Fax: (+357.2) 266-6338 Fax: (+562) 750-0549 E-mail: Southchina@israeltra E-mail: [email protected] E-mail: comercial@santiago. de.gov.il [email protected] mfa.gov.il [email protected] COLOMBIA CZECH REPUBLIC Mr. Meron Rehuven Mr. Avi Fridman CHINA – Beijing Ambassador Mr. Yinam Cohen Minister Counsellor Second Secretary (Resident in Warsaw, Poland) Mr. Mylan Kenkush Embassy of Israel No. 17 Trade Officer Tian Ze Lu Chaoyang District Embassy of Israel Edificio Embassy of Israel Badeniho Beijing 100600 Caxdac Calle 35 7-25 Piso 14 Bogota St. 2 Prague 7, 17000 Tel: (+420.2) 3309-7500/1 Tel: (+86.10) 8532-0664 Tel: (+57.1) 327-7500 Fax: (+57.1) 327-7555 Fax: (+420.2) 3309-7529 E-mail: [email protected] Fax: (+86.10) 8532-0612 E-mail: [email protected] [email protected] E-mail: [email protected] [email protected] Site: www.israeltrade.gov.il/ Site: www.israeltrade.org.cn COSTA RICA czech-republic
DENMARK CHINA – Hong Kong Mr. Ehud Eitam Ambassador Mr. Amikam Levy Ms. Marcela Madrigal Mr. Yaron Schrotter Consul General Trade Officer First Secretary – Economic Consulate General of Israel Affairs (Resident in Hague, Admiralty Center 701 Tower Embassy of Israel Economic & The Netherlands) 2, P.O.B 245 Hong Kong Commercial Department Ms. Helle Pedersen Tel: (+852) 2821-7500/8/9 Edificio Centro Colon Paseo Trade Officer Fax: (+852) 2865-0220 colon Calle 38 San Jose Embassy of Israel E-mail: economy@hongkong Tel: (+506) 221-6444 Lundevangsvej 4 2900 Hellerup .mfa.gov.il Fax: (+506) 257-0867 Tel: (+45) 8818-5526 [email protected] E-mail: [email protected] Fax: (+45) 8818-5555 Site: www.hongkong.mfa.g fa.gov.il E-mail: [email protected] ov.il [email protected] fa.gov.il Site: www.sanjose.mfa.gov.il Site: www.israeltrade.gov.il/ 56 denmark THE ISRAELI ECONOMY AT A GLANCE 2009 DOMINICAN REPUBLIC
Mr. Amos Radian Ambassador ERITREA GEORGIA Embassy of Israel Pedro Henriquez Urena 80 Embassy of Israel Mr. Shabtai Tsur Apartado Postal 1404 ABO St. 32 P.O.B 5600 Ambassador Ms. Meira Sagy Asmara Santo Domingo Deputy Head of Mission Tel: (+1.809) 920-1500 Tel: (+291.1) 188-521/599/ Embassy of Israel 61 Fax: (+1.809) 472-1785 626 Agmashenebeli Ave. 0102 E-mail: info@santodomingo. Fax: (+291.1) 188-550 Tbilisi mfa.gov.il E-mail: [email protected] Georgia Tel: (+995.32) 951-709, 964-457 ETHIOPIA Fax: (+995.32) 955-209 ECUADOR E-mail: [email protected]. Mr. Yaakov Amitai gov.il Mr. Eyal Sela Ambassador Ambassador Embassy of Israel Higher16, GERMANY Mr. Gilad Berger Kebele 22 House No. 283 Mr. Inon Elroy First Secretary P.O.B 1266 Addis Ababa First Secretary – Economic Embassy of Israel Octubre Tel: (+251.11) 646-0999 Affairs Y. General 12 ESQ. EDIF Fax: (+251.11) 646-1961 Embassy of Israel Auguste- PLAZA 2000 Piso 9 Quito E-mail: [email protected] Viktoria St. 74 14193 Berlin Tel: (+593.2) 397-1500 a.gov.il Tel: (+49.30) 2064-490 Fax: (+49.30) 2064-4955 Fax: (+593.2) 397-1555 [email protected] E-mail: stel.pinhasovbeck@is E-mail: [email protected] FINLAND raeltrade.gov.il Site: www.israeltrade.gov.il/ EGYPT Mr. Joseph Akerman germany Counsellor – Economic GREECE Mr. Cohen Shalom Affairs Ambassador (Resident in Stockholm, Mr. Joseph Ben-Moustaki Ms. Galit Bar-Am Amdur Sweden) Counsellor Economic Counsellor Mr. Kalevi Von Behr Embassy of Israel Embassy of Israel 6 Ibn El Trade Officer 1 Marathonodromou St. Paleo Malek St. Giza Cairo Embassy of Israel Yrjonkatu 36 A Psychico 15452 Athens Tel: (+30.210) 671-9530 Tel: (+20.2) 332-1500/20/21 Helsinki 00100 Fax: (+30.210) 674-9510 Fax: (+20.2) 332-1555 Tel: (+358.9) 6812-0226 Fax: (+358.9) 135-6959 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] [email protected] Site: www.israeltrade.gov.il/ Site: www.israeltrade.gov.il/ greece EL SALVADOR finland GUATEMALA Mr. Mattanya Cohen FRANCE Ambassador Mr. Isaac Bachman Embassy of Israel Centro Mr. Ronen Katz Ambassador Financiero Gigante 63 Ave. First Secretary – Economic Mr. Christian Cantor Sury Alameda Roosevelt Torre Affairs Second Secretary Embassy of Israel 13 Avenida B, Piso 11 San Salvador Embassy of Israel 3 Rue 14-07 Zona 10 Colonia Tel: (+503) 2211-3434 Rabelais 75008 Paris Tel: (+33.1) 4076-5560 Oaklend Fax: (+503) 2211-3443 Guatemala City Fax: (+33.1) 4076-5329 E-mail: ambassador@sansalv Tel: (+502) 2333-4624 E-mail: nathan.tsror@israeltr ador.mfa.gov.il Fax: (+502) 2333-6950 ade.gov.il [email protected]. E-mail: [email protected] Site: www.israeltrade.gov.il/ .gov.il gov.il france [email protected] 57 THE ISRAELI ECONOMY AT A GLANCE 2009
HUNGARY
Mr. Yoram Gilady Minister – Economic Affairs ITALY – Milano JORDAN (Resident in Vienna, Austria) Ms. Klara Pinter Ms. Leora Hadar Mr. Yacob Rosen Trade Officer Counsellor – Economic Affairs Ambassador Embassy of Israel Israel Commercial Mr. Alon Snir H-1026 Budapest, Fullánk u.8. &Investment Office Corso Minister- Counsellor Tel: (+36.1) 392-6282 Embassy of Israel 47 Fax: (+36.1) 200-0787 Venezia 61 Milan 20121 Maysaloun St. Rabiya P.O.B E-mail: budapest@israeltrade. 950866 Amman 11195 Tel: (+390.2) 7601-5545 gov.il Tel: (+962.6) 550-3503 Site: www.moital.gov.il/ Fax: (+390.2) 7601-4145 Fax: (+962.6) 552-4689 hungary E-mail: milano@israeltrade. E-mail:[email protected]. gov.il gov.il INDIA – Mumbai Site: www.israeltrade.gov.il/ italy KAZAKHSTAN Mr. Elad Goz Consul of Economic Affairs ITALY – Rome Mr. Israel Mey-Ami Consulate General of Israel Ambassador Ernest House, 16 Floor 194 Embassy of Israel 8 Auezov St. NCPA Marg. Nariman Point Mr. Meir Gideon Ambassador Asia Center Astana Mumbai 400 021 Tel: (+7.7172) 688-738/9 Ms. Gila Livnat Rosiner Tel: (+91.22) 2202-4643 Fax: (+7.7172) 688-735 Fax: (+91.22) 2282-4727 Counsellor E-mail: ambassador@astana. E-mail: [email protected] Embassy of Israel Via Michele mfa.gov.il Site: www.bombay.mfa.gov.il Mercati 14 00197 Rome Tel: (+39.06) 3619-8500 KENYA INDIA – Delhi Fax: (+39.06) 3619-8555 E-mail: [email protected] Mr. Yaacov Keidar Mr. Mouneer Agbariya fa.gov.il Ambassador Counsellor – Economic Affairs [email protected] Mr. Maor Elbaz Embassy of Israel 3 Aurangzeb Second Secretary Rd. Delhi 1100011 IVORY COAST Embassy of Israel Bishop Rd. Tel: (+91.11) 3041-4518 P.O.B. 30354 Nairobi Fax: (+91.11) 2301-5304 Tel: (+254.20) 271-0381/271- E-mail: Monir.Agbaria@israe Mr. Daniel Kedem 1684 ltrade.gov.il Ambassador Fax: (+254.20) 271-5966 Site: www.israeltrade.gov.il/ Embassy of Israel E-mail: ambassador@nairobi. india_delhi Ave. Chardy Immeuble Nur El mfa.gov.il Hayat, 9e etage 01 B.P. 1877 IRELAND Abidjan 01 KOREA (Republic of South Korea) Tel: (+225) 2021-4953 Mr. Gil Erez Fax: (+225) 2021-8704 Mr. Alon Shlesinger Minister – Commercial Affairs E-mail: [email protected] First Secretary – Economic (Resident in London, United Affairs Kingdom) Embassy of Israel 18th Fl. JAPAN Mr. Colin Sheena Cheonggye 11 Bldg.149 Head of Commercial Section Seorin-dong, Jongro-Gu Seoul, Mr. Eitan Kuperschtuk Embassy of Israel Carrisbrook 110-726 Minister – Economic Affairs House 122 Pembroke Rd. Tel: (+82.2) 321-08544 Embassy of Israel 3 Niban-cho Fax: (+82.2) 739-9963 Ballsbridge, Dublin 4 Chiyoda-ku Tokyo 102-0084 E-mail: [email protected] Tel: (+353.1) 230-9415 Tel: (+81.3) 3264-0398/911 ov.il Fax: (+353.1) 230-9446 Fax: (+81.3) 3264-0829 Site: www.israeltrade.gov.il/ E-mail:[email protected] E-mail: amiram@israeltrade. korea Site: www.israeltrade.gov.il/ gov.il ireland 58 Site: www.israel-keizai.org THE ISRAELI ECONOMY AT A GLANCE 2009 LATVIA
Mr. Chen Ivri Ambassador NEPAL NORWAY Mr. David Levy Second Secretary Mr. Dan Stav Mr. Joseph Akerman Embassy of Israel to the Baltic Ambassador Counsellor – Economic Affairs States 2 Elizabetes St. Riga Embassy of Israel (Resident in Stockholm, Sweden) LV-1340 Bishramalaya House, Lazimpat St. G.P.O.B. 371 Kathmandu Visiting Address: Parkveien Tel: (+371) 732-0737/9 35, Oslo Mailing address: Box Tel: (+977.1) 441-1811/441-9103 Fax: (+371) 783-0170 534, Skoyen, N-0214 Oslo E-mail: [email protected] Fax: (+977.1) 413-920 Tel: (+46.8) 5280-6580 Site: www.riga.mfa.gov.il E-mail: [email protected]. Fax: (+46.8) 660-4406 gov.il E-mail:[email protected] MAURITANIA Site: www.kathmandu.mfa.go Site: www.israeltrade.gov.il/ v.il norway Mr. Michael Arbel Ambassador THE NETHERLANDS PANAMA Embassy of Israel Mr. Menashe Bar-On Tevragh – Zeina Mr. Yaron Schrotter First Secretary – Economic Ambassador Ilot-A-516 Nouakchott Ms. Edna Livne Affairs Tel: (+222) 525-4610/8235 First Secretary – Commercial Fax: (+222) 525-4612 Embassy of Israel Buitenhof attaché E-mail: [email protected] 47 2513 AH The Hague Embassy of Israel Edif. P.H. a.gov.il Tel: (+31.70) 376-0514 Torre BancoGeneral Piso 17, Fax: (+31.70) 376-0594 Marbella MEXICO E-mail: [email protected] Tel: (+507) 208-4707/8 Site: www.israeltrade.gov.il/nl E-mail: [email protected] Ms. Liat Shaham First Secretary – Economic NEW-ZEALAND PERU Affairs Mr. Ehud Gonen Mr. Walid Mansour Embassy of Israel Sierra Madre Ambassador Trade Commissioner 215 Lomas de Chapultepec Mr. Gali Dagan 11000 Mexico City (Resident in Sydney, Australia) Second Secretary Tel: (+52.55) 5201-1582 Israel Trade Commission 6/37 Embassy of Israel Natalio Fax: (+52.55) 5201-1558 York St. Sydney, NSW 2000 Sanchez 125, Piso 6 Santa E-mail: [email protected] Australia Beatriz Lima Site: www.israeltrade.gov.il/ Tel: (+61.2) 9262-3943 Tel: (+51.1) 433-4431 mexico Fax: (+61.2) 9262-5242 Fax: (+51.1) 433-8925 E-mail: ehud.gonen@israeltra E-mail: [email protected] MYANMAR – Burma de.gov.il PHILIPPINES NIGERIA Mr. Tzahi Selzer Mr. Zvi Aviner-Vapni First Secretary – Economic Ambassador Affairs (Resident in Bangkok, Mr. Moshe Ram Mr. Netanel Moskovich Thailand) Ambassador Second Secretary Ms. Ruth Shats Florence Trade Officer Embassy of Israel Trafalgar Ambassador Embassy of Israel Plaza, 23 Fl. 105 H.V. Dela Embassy of Israel 15, Khbaung 12 Mary Slessor Street off Costa St. Salcedo Village, St. Hlaing Township Yangon udo12 Makati City Manila Tel: (+95.1) 515-115 Asokoro District Abuja Tel: (+63.2) 892-53330/2 Fax: (+95.1) 515-116 Tel: (+234.9) 314-3170 /8 Fax: (+63.2) 894-1027 E-mail: [email protected] E-mail: [email protected]. Fax: (+234.9) 314-3177 E-mail: economicassist@abuj [email protected] gov.il Site:www.kathmandu.mfa.gov.il Site: www.yangon.mfa.gov.il a.mfa.gov.il [email protected] 59 THE ISRAELI ECONOMY AT A GLANCE 2009 POLAND
Mr. Avi Fridman Minister Counsellor Embassy of Israel RUSSIAN FEDERATION SLOVAKIA Krzywickiego 24 Warsaw 02-078 Mr. Eduard Shteinbuk Mr. Yoram Gilady Tel: (+48.22) 597-0515/4 Head of Trade and Economic Minister – Economic Affairs Fax: (+48.22) 825-1410 Mission (Resident in Vienna, Austria) E-mail: [email protected] Embassy of Israel Ms. Martina Cicelova Site: www.israeltrade.gov.il/ 56 Bolshaya Ordynka St. Trade Officer poland Moscow 101000 (Resident in Vienna, Austria) Tel: (+7.495) 797-2737/8/9 Embassy of Israel Anton- PORTUGAL Fax: (+7.499) 230-1208 Frank-Gasse 20 1180 Vienna E-mail: eduard.shteinbuk@isr Austria Ms. Yifat Alon-Perel aeltrade.gov.il Tel: (+43.1) 4764-6559 Minister – Economic & Site: www.israeltrade.gov.il/ Fax: (+43.1) 4764-6576 Commercial Affairs russia E-mail: Martina.Cicelova@isr (Resident in Madrid, Spain) aeltrade.gov.il Ms. Martha Steinhardt SENEGAL Trade Officer SOUTH AFRICA Embassy of Israel Rua Mr. Gideon Behar – Johannesburg Antonio Enes 16-4 Lisbon Ambassador 1050-025 Ms. Maya Yaron Mr. Or Pearl Tel: (+351.21) 355-3643 Second Secretary Head of Trade & Economic Fax: (+351.21) 355-3656 Mr. Eyal Yaron Mission E-mail: [email protected] Economic Officer Embassy of Israel to South Site: www.israeltrade.gov.il/ Embassy of Israel 3 Place de 1’ Africa portugal Independance B.P. 2096, Dakar Trade & Economic Office Tel: (+221) 823-3561, 823- 4 Sundown Valley Crescent QATAR 7965 Sandton 2196, 3rd Fl. Fax: (+221) 823-6490 Johannesburg Mr. Roi Rosenblit E-mail: [email protected] Tel: (+27.11) 783-9605 Head of Mission E-mail: johannesburg@israelt Ms. Yafit Shriki SERBIA rade.gov.il Deputy Head of Mission Israel Trade Representation Mr. Arthur Koll SPAIN Office 56/11 Ibn Al-Buhaturi St. Ambassador P.O.Box 22183 Doha, Qatar Mr. Yair Frommer Ms. Yifat Alon-Perel Tel: (+974) 468-9074/5/6/7 Second Secretary Minister – Economic & Fax: (+974) 468-5258 Embassy of Israel 47 Bul. Commercial Affairs E-mail: [email protected] Mira (Dedinje) Belgrade Embassy of Israel Velazquez [email protected] Tel: (+381.11) 367-2400 150, 7th Fl. Madrid 28002 [email protected] Fax: (+381.11) 367-0304 Tel: (+34.91) 782-9529/20 E-mail:[email protected] Fax: (+34.91) 564-0002 ROMANIA [email protected] E-mail: comercial@embajada- israel.es Madrid@israeltrade. Ms. Yifat Inbar SINGAPORE gov.il Economic and Commercial Site: www.israeltrade.gov.il/spain Attaché Mr. Shai Zarivatch Ms. Raluca Stefania Corcau First Secretary – Economic SWEDEN Assistant to the Commercial Affairs Attaché Embassy of Israel 24 Stevens Mr. Joseph Akerman Embassy of Israel No. 1 Close Singapore, 257964 Counsellor – Economic Affairs Dimitrie Cantemir Blvd. Tel: (+65) 6834-9220 Embassy of Israel Sitraco Center Bucharest Fax: (+65) 6737-2502 Storgatan 31 P.O.B 14006 Tel: (+40.21) 318-9407/8 E-mail: attache.sg@israeltra S-10440 Stockholm Fax: (+40.21) 318-9413 de.gov.il Tel: (+46.8) 5280-6580 E-mail: Bucharest@israeltra Site: www.israeltrade.gov.il/ Fax: (+46.8) 660-4406 de.gov.il singapore E-mail:[email protected] Site: www.israeltrade.gov.il/ Site: www.israeltrade.gov.il/ 60 romania sweden THE ISRAELI ECONOMY AT A GLANCE 2009
SWITZERLAND
Mr. Ami Levin First Secretary – Economic TURKEY – Istanbul U.S.A – Atlanta Affairs Deputy Permanent Representative to the WTO Mr. Doron Abrahami Mr. Reda Mansour Permanent Mission of Israel Consul Consul General to the U.N & International Consulate General of Israel Ms. Sharon Kabalo Organisation 1-3, Rue de la Buyukdere Cad. Yapi Kredi Consul Paix 1202 Geneva Plaza C Blok Kat 7 Consulate General Tel: (+41.22) 716-0507 4 Levent 80620 Istanbul Spring St. 1100, Suite 440 Fax: (+41.22) 716-0416 Tel: (+90.212) 317-6547 Atlanta, GA 30309-2823 E-mail: [email protected] Fax: (+90.212) 317-6549 Tel: (+1404) 487-6500 Fax: (+1404) 487-6555 Site: www.israeltrade.gov.il/ E-mail: [email protected] Site: www.israeltrade.gov.il/ E-mail: [email protected] switzerland turkey U.S.A-Boston TAIWAN UKRAINE Mr. Nadav Tamir Mr. Ophir Gore Ms. Alexandra Aronin Consul General Director of Economic Affairs Commercial Attaché Ms. Adi Golani ISECO - Israel Economic and Embassy of Israel 34, Economic Affairs Officer Cultural Office in Taipei L.Ukrainki Blvd. Kyiv Consulate General ITB, Rm. 2408, 24F., 333 Tel: (+380.44) 586-1500 20 Park Plaza, Suite 1020 Keelung Rd., Sec 1, Taipei Fax: (+380.44) 586-1555 Boston, MA 02116 11012, Taiwan E-mail: Alexandra.aronin@isr aeltrade.gov.il Tel: (+1.617) 535-0218 Tel: (+886.2) 2757-7221/2 Site: www.israeltrade.gov.il/ Fax: (+1.617) 535-0255 Fax: (+886.2) 2757-7197 ukraine E-mail: [email protected] E-mail: [email protected] a.gov.il Site: www.israeltrade.gov.il/ URUGUAY taiwan U.S.A – Chicago Mr. Joel Barnea THAILAND Ambassador Ms. Noa Asher Mr. Yosef Levi-Sfari Consul – Economic Affairs to Mr. Tzahi Selzer Second Secretary the Midwest First Secretary – Economic Embassy of Israel Bulevar Government of Israel and Trade Affairs Artigas 1585 Montevideo Economic Mission Tel: (+598.2) 400-4164/5/6 Embassy of Israel 75 Soi 111 East Wacker Drive, Suit Fax: (+598.2) 409-5821 Wattana 1230 Chicago, Illinois 60601 E-mail: [email protected] Tel: (+1.312) 332-2160 ext. 25 Sukhumvit Rd. Soi 19 fa.gov.il Fax: (+1.312) 332-2163 Bangkok 10110 [email protected] E-mail: [email protected] Tel: (+66.2) 204-9240/1 Site: www.israeltrade.gov.il/ Fax: (+66.2) 204-9245 UNITED KINGDOM chicago E-mail: [email protected] Site: www.israeltrade.gov.il/ Mr. Gil Erez U.S.A – Durham thailand Minister – Commercial Affairs Embassy of Israel 2 Palace Mr. Ohad Cohen TURKEY – Ankara Green London W8 4QB Commercial Attaché Tel: (+44.207) 957-9525 (Resident in Washington) Fax: (+44.208) 369-5161 Mr. Menahem Kanafi Ms. Bitia Puderbeutel E-mail: [email protected] Director Counsellor Site: www.israeltrade.gov.il/uk Government of Israel Embassy of Israel Mr. Shmuel Ben-Tovim Trade & Investment Office Sok. Mahatma Gandi 85 Minister – Economic Affairs 302 East Pettigrew St., Suite 340 Ankara Tel: (+44.207) 957-9514/28 Durham, North Carolina 27701 Tel: (+90.312) 459-7500 Fax: (+44.207) 957-9593 Tel: (+919) 682-4918 E-mail: [email protected] E-mail: [email protected] Fax: (+919) 682-4929 fa.gov.il E-mail: [email protected] 61 THE ISRAELI ECONOMY AT A GLANCE 2009
U.S.A – Houston
Mr. Roee Madai Consul – Economic Affairs U.S.A – San Francisco VIETNAM Government of Israel Economic Mission US Mr. Akiva Tor Mr. Ran Yehezkel Southern Region Consul General Commercial Attaché 2 Riverway, Suite 740 Mr. Haled Ismail Embassy of Israel Houston, Texas 77056 Second Secretary 68 Nguyen Thai-Hoc Ba Dinh district Hanoi Tel: (+1.713) 599-0290 Consulate General of Israel Tel: (+84.4) 3843-3140 Fax: (+1.713) 599-0296 456 Montgomery St. Suite E-mail: [email protected] Fax: (+84.4) 3843-5760 2100 Site: www.israeltrade.gov.il/ E- mail: ran.yehezkel@israelt houston San Francisco, CA 94104 rade.gov.il Tel: (+1.415) 844-7500/2 Site: http://.hanoi.mfa.gov.il U.S.A – Los Angeles Fax: (+1.415) 844-7555 E-mail: economic@sanfrancis Ms. Sigal Admony-Ravid co.mfa.gov.il Consul – Economic Affairs [email protected] Government of Israel Economic Mission U.S.A – Washington 6380 Wilshire Blvd. Suite 1700 Los Angeles, California Mr. Ohad Cohen 90048 Commercial Attaché Tel: (+1.323) 658-7924 Fax: (+1.323) 651-0572 Embassy of Israel E-mail: Shai.Aizin@Israeltrade. 3514 International Drive N.W. gov.il Washington D.C. 20008 Site: www.israeleconomicla.com Tel: (+1.202) 364-5695 Fax: (+1.202) 364-5647 U.S.A – Miami E-mail: ohad.cohen@israeltra de.gov.il Mr. Ofer Bavly Consul General UZBEKISTAN Consulate General Mr. Hillel Newman N. Biscayne BLVD. 100 Ambassador Suite 1800 Embassy of Israel Miami, Florida 33132 3 Kahar St. Tel: (+1.305) 925-9400 Tashkent Fax: (+1.305) 925-9455 Tel: (+998.71) 120-5810/1 E-mail: [email protected] Fax: (+998.71) 120-5994 E-mail: ambassador@tashkent U.S.A – New York .mfa.gov.il [email protected] Mr. Yair Shiran Economic Minister to North VENEZUELA America Mr. Shlomo Cohen Government of Israel Ambassador Economic Mission Embassy of Israel 800 Second Av., 16 Fl. Avenida Fransisco de Miranda New York, New York nm Centro Empresarial de 10017 Miranda Tel: (+1.212) 499-5610 Piso 4, Oficina 4D Los Ruices Fax: (+1.212) 499-5615 70081 Caracas E-mail: yair.shiran@israeltrade. Tel: (+58.212) 239-4510 /11 gov.il Fax: (+58.212) 239-4320 Site: www.israeleconomicmission E-mail:[email protected] [email protected] 62 .com THE ISRAELI ECONOMY AT A GLANCE 2009
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