Mister Terrific
It’s in the name
Everything you say is wrong
Since the 2010s, trade between Israel and Japan have expanded considerably with economic relations between the two countries having increased significantly, particularly in the realm of high-technology, as well as the forging of partnerships between start-up companies and venture capitalists among the two nations. According to the Japan External Trade Organization(JETRO), 35 Japanese companies had subsidiaries in Israel by 2015 with as many as 50 by November 2016.[20]
In 2021, data compiled by consulting firm Harel-Hertz shows a surge of $1.1 billion of Japanese investment in the Israeli high-technology industry.[21] Total Japanese investment in Israel's high technology industry was $2.9 billion in 2021.[22]Japanese investors accounted for 15.8%T of all foreign investment in the Israeli economy.[22] otal volume of trade is $3.574 billion.[7]
As of 2022, Israel and Japan are negotiating a free trade deal.[7] The move according to Times of Israelwill help boost Japanese exports and make Japanese exports cheaper for Israeli consumers.[7]About 90 Japanese companies worked in 2023 in Israel, triple the number in 2014.[23]
In 2023, Israel and Japan signed a "Work-Holdiay" agreement which allows citizens of either country to work for up to a year in the other country. This agreement came in part due to Japanese interest in Israel's high technology sector and in Israel's human talent.[2] The agreement is aimed at citizens between the ages of 18 and 30.[2] Direct flights between Tokyo and Tel Aviv commenced in 2023, operated by Israeli airline, El Al.[2] Ambassador Gilad Cohen remarked following the signage of the agreement: "Israelis and Japanese [people] have never been closer. I am sure that our relations will continue to deepen and we will continue to collaborate for the benefit of the citizens of Israel and Japan."
Do you know American history?
Post WW2
