By the New Zealand Israel Innovation Hub on the Israel Institute of NZ website…
Since the last Israel Business update three months ago, there’s been some real progress in the bilateral trade relationship between Israel and New Zealand, with some developments flying under the radar and some progress making it to the news media.
The most important development was an announcement by the Knesset (Israeli Parliament) that a motion had been passed to ratify an innovation agreement between New Zealand and Israel. The agreement was initially signed in 2020, the result of a technology sector mission in 2016.
Along the way, the agreement had become stuck somewhere within the Israeli bureaucratic system, and with some effort by well-connected people behind the scenes, the agreement was finally dislodged and pushed towards the final sign-off. Unfortunately, at the time of writing, a small concluding procedure of swapping notes between the two Government has yet to be performed and so the agreement remains yet to be deemed ‘in force’.
In terms of public-facing activities organised by the New Zealand Israel Innovation Hub, there have been two speaking events, and one virtual event hosted as part of TechWeek2023.
The speaking events held in Auckland and Wellington were titled “New Zealand and Israel: An ideal match for tech partnerships and trade”…
Read the full report on the Israel Institute of NZ’s website here.
