Is Theresa May’s Britain friendlier to Israel?

Countries boost science research ties.

June 12, 2018 05:31
2 minute read.
Prime Minister Benjamin Netanyahu meets with British Prime Minister Theresa May in London on Wednesd

Prime Minister Benjamin Netanyahu meets with British Prime Minister Theresa May in London on Wednesday, June 6, 2018. (photo credit: HAIM ZACH/GPO)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


In what could be deemed a sign of burgeoning ties between the post-Brexit, Conservative-led United Kingdom and Israel, the two countries signed a scientific R&D agreement on Monday.

Economy Minister Eli Cohen penned the agreement alongside British Ambassador to Israel David Quarrey, which is meant to strengthen technology-related cooperation between the two countries.

The agreement – whose funding total remains unspecified – will allow for the sponsorship of further joint-research projects between the two sides. Specific areas of cooperation include artificial intelligence, cybersecurity and life sciences, among other fields.

Trade ties between the two countries are at an all-time high, approaching the $10 billion mark for 2017. That’s up more than 25% since 2016.

“The UK is one of Israel’s largest trading partners, and our technological cooperation with the UK is an important strategic asset for the State of Israel and for our technological ecosystem,” Cohen said in a statement.

Britain is Israel’s largest trading partner in Europe and its third heftiest in the world.

A Related Video You May Like:
PM Netanyahu and Theresa May discuss Iran and Gaza at 10 Downing, June 6, 2018 (GPO)

Israeli exports to the country totaled $5.16b. in 2017, up 32% from the year prior. Nearly three-quarters of Israeli goods hailed from the chemical and pharmaceutical industries.

Imports totaled some $4.2b. in 2016, with nearly half the goods being mineral products.

As Great Britain seeks to leave the European Union, the country is looking at drafting trade agreements with third-party countries. That’s where Israel could enter the fray, as a UK-government white paper has identified the Jewish state as a trade priority after Brexit.

However, if EU agreements in agriculture, pharmaceuticals and aviation are not replaced post-Brexit, ties between the UK and Israel could be harmed. The UK has indicated that it will depart the EU come March 2019.

“The changes which Britain faces, in light of the expected exit from the European Union, point to the great potential in strengthening trade relations between the two countries and increasing cooperation in many areas such as cybersecurity, fin-tech, life sciences and more,” Cohen said. “This agreement encourages scientific cooperation and contributes significantly to Israel’s reputation in the world as an innovative and leading research and development hub.”

For the past two years, British Prime Minister Theresa May’s Tory-led coalition government has been more vocal in supporting Israeli government policy than her Labour predecessors or former prime minister David Cameron.

Separately, a member of the royal family will make an official visit to Israel for the first time ever in June. Prince William will arrive on June 25 in a tour of the Middle East.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Spray paint on the Little Western Wall, now covered, read
July 21, 2019
"Little" Western Wall vandalized with graffiti


Cookie Settings