(photo credit: Courtesy)
Cooperation between Israel and the European Union is set to expand into space, after Industry, Trade and
Labor Minister Shalom Simhon and European Commission Vice President Antonio
Tajani signed an agreement Monday in Tel Aviv.
The agreement paves the
way for the EU’s Galileo global-navigation satellite system to establish a
satellite receiving station in Israel, and it also strengthens bilateral
cooperation in space-related research and development.
Simhon and Tajani signed a deal on deepening cooperation in the field of
tourism. They also discussed deepening ties between small-business experts from
Israel and Europe and expanding the participation of Israeli companies in
European-funded R&D programs.
European leaders could learn from the
example set by Israel as they work to rescue the region from financial crisis,
Tajani said Monday at a conference on Israeli-European business relations in Tel
“Israel is a good example of how a country with a business-
friendly environment is better resistant to the crisis,” he said at the annual
Go4Europe conference. He cited Israel’s 4.7 percent growth rate in 2010 as proof
that it had emerged strongly from global financial worries.
strengthen its industrial and technological base to have more global influence,
Tajani said. Israel would continue to be an import partner for Europe in
technology fields such as hitech, he said, adding that there was also potential
for cooperation in the two fields he discussed with Simhon: tourism and
Speaking before Tajani, Intelligence Agencies Minister Dan Meridor
said Israel remains committed to strong economic relations with Europe, despite
the ongoing problems in the euro zone.
“We need Europe to stay strong,
just as we need America to stay strong,” he said, “because the set of value and
interests which we are part of are led by Europe and the United States. The
weakening of Europe is politically dangerous to all of us.”
intelligence information had failed to predict the Arab Spring, Meridor said,
and Israel needed a strong economy to be able to deal with a rapidly changing
“The strong economy we have now is based, among other
things, on the deep crisis we faced 25 years ago,” he said. “This crisis caught
us in 1984 to ’85, with hyperinflation and almost no foreign currency, as a
result of very high defense expenditure and because of irresponsible government
policies that spent more than they could.”
“Since then, all governments
have had policies of maintaining stability and not carrying a deficit,” Meridor
said. “We took seriously what we were taught by the Americans [at the time], but
they forgot to take that seriously themselves.”