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Home News

Israel, UK to sign agreement to deepen tech, trade, security ties

The deal, which includes around $24.50 million of joint funding commitments, will be signed this week during Foreign Minister Eli Cohen's trip to Britain.

by  Reuters and ILH Staff
Published on  03-22-2023 10:15
Last modified: 03-22-2023 10:31
Israel, UK to sign agreement to deepen tech, trade, security tiesPaper Boat Creative/Stone/GettyImages

London and Jerusalem said the agreement constituted "a key priority for both governments." | Illustration: Paper Boat Creative/Stone/GettyImages

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Israel and Britain are expected to sign an agreement aimed at deepening technology, trade, and security ties over the next seven years.

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The deal will be signed in London this week, with Foreign Minister Eli Cohen to travel to Britain to meet with his British counterpart James Cleverly. It includes around 20 million pounds ($24.50 million) of joint funding commitments on technology and innovation.

"Our roadmap will allow us to fully take advantage of the opportunities in areas of mutual interest, including tech, trade, and security," Cleverly said in a statement ahead of the visit.

Britain said discussions would also include the recent spike in violence in Israel and the West Bank as well as Russia's invasion of Ukraine and the Iran nuclear threat.

London and Jerusalem launched negotiations for a new trade agreement last year and said it constituted "a key priority for both governments."

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