Finance Minister Yuval Steinitz set out for Beijing overnight Sunday, where he is expected to sign a financial agreement with the Chinese government that will net Israeli companies more than $300 million.
The new economic protocol being signed will facilitate Israeli exports to China in the field of water technology for agricultural use.
Steinitz said of the agreement, "I see the upgrading of economic ties and exports to China as a strategic goal of the utmost importance for Israel."
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