A delegation of Chinese businessmen are currently in Israel on a visit to promote trade between the two countries. The trip will include presentations from several Chinese investment companies from Shanghai, Shangado and Herbin and visits to the Ben-Gurion University of the Negev, as well as to technology companies in Ashkelon.
Meanwhile, the Ministry of Industry Trade and Labor said Israel has opened negotiations with Serbia, Ethiopia and Kazakhstan with regards to them receiving Israeli exports are being considered for entry into the World Trade Organization (WTO). As potential members of the organization, they are expected to sign such agreements with other member states. During the last six years, Israel has signed trade agreements with some of the newer WTO members, such as China, as well as with Russia and Ukraine.