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The China-Israel Joint Statement with Regard to Establishing a Comprehensive Innovation Partnership

During his official visit to China (19-22 March 2017), Benjamin Netanyahu, the Prime Minister of Israel, had an open exchange of views with his mainland counterparts. Among the items under discussion were bilateral relations, co-operation across a number of areas, international and regional affairs of mutual interest and a move to establish a comprehensive innovation partnership between the two countries.

Overall, a clear path for the future development of relations between the two countries was agreed, with 12 particular measures adopted. These included a commitment to strengthen co-operation with regard to the China-Israel Joint Committee on Innovation Co-operation, the established mechanism for economic and technological co-operation between the two countries. The importance of the China-Israel Joint Committee on Trade, Economy and Technology and a number of other inter-governmental channels designed to promote mutual economic and social development were also acknowledged.

The two sides also agreed to accelerate negotiations with regard to a Free Trade Agreement originally mooted in 2016. In an additional move, they resolved to strengthen joint co-operation bilaterally with third parties with regard to Belt and Road-related infrastructure and the Asian Infrastructure Investment Bank, an institution of which the two countries were founding members.

Please click here for full details in Chinese.

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