Prime Minister Benjamin Netanyahu will attend the World Economic Forum in Davos, Switzerland, in late January, the Prime Minister's Office announced on Wednesday.
Netanyahu will make a speech at a special session titled "Israel's Economy." The prime minister is expected, among other subjects, to discuss Israel's cyber industry, which is among the world's most advanced.
The Davos forum is considered one of the most important stages for global economic issues. Netanyahu is also expected to hold a series of meetings with other heads of state and CEOs of global companies to encourage investment in the Israeli high-tech industry, and in other fields as well.
The invitation letter sent to Netanyahu states that Israel is a key to positive developments in the global and regional economy and that presenting the government's economic policies one year into its current term would provide an opportunity to be widely influential.
"The Israeli economy is successfully dealing with the global economic crisis and is showing high growth along with small unemployment percentages," Netanyahu said. "Participation in the forum will allow us to present the achievements of Israel's economy to the world. I believe the attention that Israel's cyber and high-tech industries will receive at the forum will help strengthen their status as world leaders."