Israel – Russia: 11th Mixed Economic Committee to be convened in Moscow
Tomorrow, Monday 9 December 2013, the Israel-Russia Mixed Economic Committee will convene in Moscow. This will be the Committee’s 11th meeting. Foreign Minister Avigdor Liebermann will head the Israeli delegation, accompanied by Deputy Foreign Minister Zeev Elkin. The Russian delegation will be headed by Deputy Prime Minister Arkady Dvorkovich.
The Mixed Committee, headed by the Foreign Minister, constitutes the highest level inter-ministerial forum for relations between Russia and Israel. The Committee discusses a number of diplomatic and economic issues of great interest and importance for both sides.
In the past four years, the Economic Committees met annually, alternating between Jerusalem and Moscow.
In the coming meeting discussions will address trade issues including a free trade agreement with the trilateral customs union (Russia, Kazakhstan, Belarus), customs issues regarding exports of fresh agricultural produce from Israel to Russia, cooperation in technologies and management of water resources, cooperation in the field of oil substitutes for transportation, renewable energies, relations between Russian and Israeli companies in the area of investments in natural gas, scientific cooperation, space, foreign trade insurance, and cooperation in tourism. The issue of signing a pensions agreement will also be addressed.
In recent years, there has been a significant increase in trade between Israel and Russian, reaching a current $3 billion a year. A number of agreements will be signed at the end of the talks.