Israel, EU launch forum for business

October 25, 2007 07:20

The Israeli side of the forum will be headed by hi-tech guru Dr. Yossi Vardi.

1 minute read.

The Industry, Trade and Labor Ministry will launch a business forum with the European Union in an effort to boost bi-lateral trade and increase cooperation between Israel and the EU, the country's largest trade partner. The Israel-EU business forum will be officially launched at the Prime Minister's Conference for Exports and International Cooperation in Tel Aviv next week in presence of Industry, Trade and Labor Minister Eli Yishai, Gunter Verheugen, vice-president of the European Commission in charge of Enterprise and Industry, and 20 leading Israeli and European business people. The Israel-EU business forum's first-year goal will be to establish a direct business dialogue focusing on a number of sectors including banking and finance, energy and environmental technology, telecommunications, media and Internet, transport and tourism. The Israeli side of the forum will be headed by hi-tech guru Dr. Yossi Vardi. Its nine members will include Eli Hurvitz of Teva Pharmaceutical Industries Ltd.; Galia Maor, CEO of Bank Leumi; Dov Lautman of Delta Textile Industries; Micky Federman of the Dan Hotel Group; and Yehuda Bronitzky from Ormat Technologies. The EU side will be chaired by Dr. Matthias Doepfner, CEO of the Axel-Springer media empire and include senior representatives of Alcatel, Lucent Technologies, Deutsche Telekom and the Saban Capital Group.

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