israel tries to connect it's Fintech and Cyber to London
Posted on Jan 30, 2018 by Dan Bielski
Minister of Economy and Industry Eli Cohen met with British Lord Charles Bowman, who serves as minister and ambassador to the London financial center.
Lord Bowman is an international ambassador for financial and professional affairs in the UK services sector, whose role is to reflect the interests of the City on local platforms as well as international economic policy.
Bowman's first visit to Israel, came in order to get an impression of Israel, which is an important trading partner to Britain, which also functions as a global innovation center, especially in the financial field.
Minister Cohen noted that in 2017 Israel's exports to London were the highest ever and recorded a 30% increase in the nation of 2016, with exports reaching more than $ 5 billion.
Most of the imports to the UK come from products in the chemical industry, including pharmaceuticals, as well as diamonds, machinery and electrical equipment. At the meeting, which is part of the preparation for the visit of Minister of Economy and Industry Eli Cohen in London next month, the parties noted the importance of business relations between the two countries and agreed to strengthen cooperation in the field of fintech.
The Minister's visit to London will be accompanied by a senior business delegation of the most innovative and advanced Israeli companies in the field of fintech. The delegation was formed by the Foreign Trade Administration of the Ministry of Economy and Industry and the Export Institute, and is expected to participate in the Pintek event in London, which will be opened by the Minister of Economy and Industry during his visit to British companies and will hold business meetings between Israeli and British companies for the preservation and strengthening of economic relations.
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