US President Barack Obama on Monday signed a law that adds Israel to the list of countries whose citizens are eligible to receive E2 investor visas.

Among those eligible for the investors' visa are businesspeople and representatives of companies who have made significant investments in the United States or opened businesses there.

Commercial Attache in Washington Ohad Cohen praised the new law, saying "We live in a world where investments are an important part of the ability to conduct trade and there is no doubt that the new law is an important step toward necessary improvements regarding visas, which will contribute to the expansion of trade between the (two) countries."

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