David Artzi, the chairman of the Israel Export Institute, was in Columbia and Chile on Sunday as part of an Israeli business delegation working towards expanding economic cooperation in South America.
A combined 39 Israeli companies opened branches in Columbia and Chile over the last year, according to a report released by the Institute on Sunday.
The Institute expects these companies to do approximately $10-15 million dollars of business during the next two years in the fields of communications, information technology, biotechnology and medical supplies. Israeli companies currently employ more than 600 workers in the two countries.
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