Economy

The cornerstone of the vibrant U.S.-Israel economic relationship is the 1985 Free Trade Agreement (FTA), the first FTA ever signed by the United States. Over the last 20 years the FTA has enabled a sevenfold expansion of bilateral trade. Israel has become one of the largest trading partners of the U.S. in the Middle East and Israel's prime export destination is the United States. The Israeli and American economies share common commitments to a free market, competitiveness, active support of international trade liberalization and of the multilateral trading system. There is constant dialogue between the governments of Israel and the United States to upgrade their economic relationship and to ensure a continued prosperous partnership.

Corporate Exchange

Several regional America-Israel Chambers of Commerce exist to facilitate expansion by Israeli and merican companies into each other's markets. American companies such as Motorola, IBM, Microsoft and Intel chose Israel to establish major R&D centers. Remarkably, Israel has more companies listed on the NASDAQ than any country outside North America.

Table of  Contents: Introduction U.S. Presidents: Historical Commitment to Israel Democracy Immigration Economy Fostering the Growth of High Technology Strategic Cooperation Space Standing with America in its Time of Need The American Red Cross and Magen David Adom Culture Education Language and Literature Film Theater Art Music Sports Food Tourism