U.N. invests $256 mil in Israeli services, products

The U.N. signed a contract with MER to provide mortar defense systems for the African peace forces; Teva and Paz also among chosen companies.

July 20, 2019 17:41
1 minute read.
U.N. invests $256 mil in Israeli services,  products

Israeli Prime Minister Benjamin Netanyahu is shown on a large screen as he addresses the 72nd United Nations General Assembly at UN headquarters in New York, US, September 19, 2017. . (photo credit: REUTERS)

The United Nations is investing in Israeli innovative products and services more than ever before, a press release on behalf of the Israeli mission to the UN said on Friday. 

Billions of dollars are spent to maintain the various agencies, organizations and services the UN needs to run. In 2018, Israeli companies were chosen by the UN for contracts worth $66 million, more than the $51m. in 2017 and $48m. in 2016. The steady increase is due not only to the efforts of the Israeli mission to the UN, but also to the high quality of Israeli innovation. 
"For the organization to choose Israeli innovation to advance its global activities is a demonstrable vote of confidence in our capabilities and an economic lever for the local industry,” said Permanent Representative of Israel to the United Nations Danny Danon. 

Among the Israeli firms doing business with the UN are Teva, Paz, Mer and Odis, as well as the Defense Ministry. 

Mer provides mortar defense systems for African peace forces, and Teva offers medical assistance to the United Nations Development Program.  Paz recently signed an $18 million annual contract with the UN Office for Project Services, the Defense Ministry provides technology to defend UN bases in Africa. 

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