Trade & investment

Israel agrees a Doha trade deal is vital

  • 23 March 2007

In a meeting this week at the Knesset, Israeli Foreign Minister Tzipi Livni agreed with ICC Chairman Marcus Wallenberg on the urgent need to successfully conclude the Doha round of multilateral trade negotiations.

Mr Wallenberg visited Mrs Livni in her office at the Israeli parliament to stress that for small countries such as Israel, reaching agreement on the Doha Round is essential to boost economic growth, create jobs and lift standards of living. He urged Mrs Livni to convey this message to all Israeli ministers involved in international trade.

During his two-day visit to the country, Mr Wallenberg also met with Israel’s Deputy Prime Minister, Shimon Peres, and discussed the important role that private-sector trade and investment play in the global economy and in prospects for peace in the Middle East.

The ICC Chairman also delivered a speech at a “Cyber Terror” conference at the Dan Hotel, organized by ICC Israel, Comsec Security and the Israeli Chamber of Commerce in Tel Aviv. Speaking to an audience of lawyers, information technology producers and users, and cryptographers, Mr Wallenberg said: “Cyber terrorism and cyber-criminality are of the utmost concern … and can only be solved by public-private cooperation at the international levels.”

Mr Wallenberg also held a series of meetings with Israeli Minister of Tourism Itzahk Herzog, Governor of the Bank of Israel Stanley Fischer, and Israeli Chief of Staff General Gabi Ashekenazi.

In addition, ICC’s Chairman met with prominent members of Israel’s business community, including Eitan Wertheimer, President of Iscar, and Michael Strauss, Chair of the Executive Board of Strauss Group.