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business17h ago
Despite diplomatic rift, Spanish business group inks cooperation agreement with Israel
- The Israel Export Institute and CONPYMES formalized a cooperation agreement during a Spanish business delegation's visit to Israel.
- Spanish business leaders view the pact as a vote of confidence in Israeli technology and industry.
- The pact aims to broaden economic opportunities and deepen long-term partnerships between Israel and Spain.
- Bilateral trade between Israel and Spain totals about $3 billion annually.
- A Spanish delegation and Israeli officials described the agreement as a strategic partnership beyond current tensions.
- Nili Shalev, CEO of the Israel Export Institute, commented on the deal during the visit.
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