Get all your news in one place.
100’s of premium titles.
One app.
Start reading

Israel and China sign $300 million 'clean-tech' trade agreement

FILE PHOTO - Staff members set up national flags ahead of a welcoming ceremony for Israeli Prime Minister Benjamin Netanyahu at the Great Hall of the People in Beijing, China March 20, 2017. REUTERS/Jason Lee

JERUSALEM (Reuters) - Israel and China have signed a $300 million trade agreement meant to boost the export of Israeli environmental-friendly energy and agricultural technologies to China, Israel's Finance Ministry said on Monday.

Foreign Minister Moshe Kahlon was in Beijing to sign the "clean-tech" deal which builds on past agreements, the ministry said in a statement.

The new deal, it said, "allows the two sides to expand bilateral economic activity into other environmental-friendly technologies, including advanced agriculture technologies and smart and green energy technologies, which the Chinese government wants to implement using Israeli experience and expertise."

(Reporting by Ari Rabinovitch)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.