Economic Development and Regional Economic Cooperation

1
Economic Development and Regional Economic
Cooperation An Israeli Perspective
Dan Catarivas Economic Transformation and Social
Change in the Middle East Berlin, December 2007
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Goods Services Export Development (including
diamonds , B )

• Services
• Goods

3
Israels Free Trade Agreements
ISRAEL
MERCOSUR Brazil, Argentina, Uruguay ,
Paraguay
Israel implements 6 FTAs with 35 countries,
Allowing products to enter free of duty
4
Israeli Export, Excluding Diamonds )2006)
West Europe (EU EFTA) 34
North America 33
Asia Far East 15
East Europe 7
Africa 3
South America 4
Total of 30.61Bn
5
Israeli Import, Excluding Diamonds )2006)
West Europe (EU EFTA) 42
North America 14
East Europe 5
Asia Far East 19
Africa 1
South America 2
Total of 38.73Bn
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Israeli Export by Sectors, Excluding Diamonds,
2006
7
Israeli Import by Sectors, Excluding Diamonds,
2006
8
Israeli Palestinian bilateral trade (millions
us, Including Diamonds, Gas Fuel)
9
Egyptian Export to Israel by Sectors, Excluding
Diamonds, (Millions of USD ( 2006
Total 93 M USD
10
Jordanian Export to Israel by Sectors, Excluding
Diamonds, (Millions of USD ( 2006
Total 38 M USD
11
Israeli Export to Egypt by Sectors, Excluding
Diamonds, (Millions of USD ( 2006
Total 127 M USD
12
Israeli Export to Jordan by Sectors, Excluding
Diamonds, (Millions of USD ( 2006
Total 136 M USD
13
Israeli Export to Morocco by Sectors, Excluding
Diamonds, (Millions of USD ( 2006
Total Export 11.5 M USD Total Import 1.8 M
USD
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Intra Regional Trade 2006
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Mutual Interest in the New Economic Order

• Main Incentives for Cooperation
• Economic Efficiency
• Decreasing dependence on other Trade blocks and
  Multi National Corporations
• Larger Purchasing Markets
• Reluctant and ineffective ENP policy
• Stronger Economic block in front of NAFTA,
  EU, ASEAN, MERCOSUR
• Stronger Economic Block in the WTO and other
  Multinational Forums

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Complementarity

• Areas of Cooperation
• Low Tech Industries
• Advanced Agriculture
• Environmental Friendly Technologies
• Infrastructure (Railroads, Optic Fibers, Etc.)
• Water Treatment
• Communications and IT
• Transportation

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Win Win Situation

• Developing economic agenda for the region and
  for Arab-Israeli Relations
• Focus on mutual Economic gains separately from
  Political Issues

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Contact DetailsDivision of Foreign Trade and
International RelationsT 972-3-5198814F
972-3-5198785W www.industry.org.il