The Commercial Mission of the Embassy of Israel aims to promote and facilitate trade and investment between Israel and the United States, and to enhance bilateral commercial relations. For this purpose, it works closely with the U.S. federal governmental and public bodies such as the Office of the United States Trade Representative (USTR) and the Department of Commerce.
The Commercial Mission of the Embassy of Israel has specific responsibility for promoting bilateral trade with the District of Columbia, Virginia, Maryland and North Carolina. The Commercial Missions in New York City, Los Angeles, Houston, and Chicago are responsible for the remaining forty seven states.
In addition, it supports the efforts of Israeli companies to be awarded contracts financed by the World Bank and the Interamerican Development Bank (IDB).
Life Sciences in Israel
Over the last decade, Israel has introduced a wealth of groundbreaking and valuable innovations in Life Sciences. Israel’s Life Sciences sector is supported by a strong foundation of academic excellence, including some of the world’s leading research institutes, renowned R&D facilities and cutting-edge medical centers.
> More on Life Sciences in Israel
United States-Israel Bilateral Trade
On April 22, 1985, the United States Trade Representative (USTR) and the Israeli Minister of Industry and Trade signed the U.S.-Israel Free Trade Agreement (FTA). The Agreement entered into force in September 1985 after it was approved by the U.S. House of Representatives by a 422-0 vote and by a voice vote in the U.S. Senate. The FTA was the U.S.’s first bilateral free trade agreement and Israel’s second (following Israel’s free trade agreement with the European Community, which was signed in 1975).