Russian delegation arrives

Representatives of some 15 Russian communications companies arrived here on Wednesday as guests of the Israel Export Institute and the Ministry of Industry, Trade and Labor with the objective of expanding partnerships with local communications companies.

Representatives of some 15 Russian communications companies arrived here on Wednesday as guests of the Israel Export Institute and the Ministry of Industry, Trade and Labor with the objective of expanding partnerships with local communications companies and sharing ideas with Israel's communications leaders. Russia's communication equipment market is worth some $4 billion and the country hopes to expand the number of companies currently operating in its communications market over the coming years, according to Yechiel Assia, chairman of the Export Institute, He also noted that over the fourth quarter of 2006, Israel's exports of communication equipment declined 40% from numbers in 2005 and the two countries expect this number to once again reach levels it enjoyed in the past.