Today (25th of February) Members of the European Parliament’s International Trade Committee and MEPs on EIPA’s Advisory Board met with Mr. Ohad Cohen, Head of Israel’s Ministry of Economy and Industry.
The joint event in conjunction with Israel’s Ministry of Trade and Mission to the EU, underlined the importance of strong EU-Israel bilateral trade relations.
With a current détente in relations between the EU and Israel following the fallout of the labelling guidelines, MEPs, key staffers and representatives of the Ministry of Trade, held a round table discussion about the clear mutual benefits to both Israel and the EU of continued trade arrangements and Research and Development programs.
MEPs did however hear of Israel’s concerns about the spill-over effects of the labelling guidelines and the associated possibility of a “quiet boycott” of Israeli companies and products which may happen under the radar.
Another key question raised was how to ensure that EU-Israel economic relations were decoupled from matters relating to the on-going political machinations of the peace process.