Gov. Rick Perry announced the establishment of the Texas-Israel Chamber of Commerce on Tuesday as an agency meant to foster economic exchange and academic collaboration between the two.
Perry also said he has asked the directors of the Employees Retirement System and Teachers Retirement System to divest their funds from companies doing business with Iran. The governor said Texans will not condone Iran's support of terrorism.
"I personally believe that any company that does business with Iran is actively assisting those who seek to harm American men and women who are serving in the Middle East and funds terror attacks on our allies in the region," Perry said. "And so, today, as we usher in a new era of relations between Texas and Israel, we speak of a grand vision of a world where terror is defeated by kinship, economic partnerships create new opportunity and people are free to work and live in peace."
Iranian President Mahmoud Ahmadinejad has previously called for the destruction of Israel -an American ally in the Middle East.