President Rivlin in Australia focusess on Economic coorperation with Israel

The visit of the state president to Australia was joined by a business delegation from Israeli companies focusing on industries where the Israeli industry has a distinct competitive edge and a significant need and interest in the local industry: precision agriculture (Agtech), cyber security, digital health and water technologies.
The economic part of the visit to Australia is led by the Economic Annex of the Australian Ministry of Economy and Industry, in collaboration with the Israeli Export Institute, the Foreign Ministry, the Israel-Australia Chamber of Commerce and the President's House.
The visit to Australia includes a number of economic components, including business seminars in Sydney and Melbourne, meetings with companies, corporations, entities, federal and state government offices (NSW, Victoria), pre-arranged B2B business meetings and meetings with Israeli companies and major Australian water and energy companies, Australia, Telecom, Banking and Agriculture.
In recent years we have witnessed a great deal of growing interest in the Australian industry in Israel, with emphasis on desire and interest in cooperation with Israel's knowledge, technology and innovation industry. A large number of business delegations and senior visits from the technology industries: retail, banking, cyber, mines and energy are coming Visits to Israel to attend conferences, meet with companies, startups and investors, and a record number of Israeli companies visit the Western and advanced Australian market, which creates many and varied business opportunities and has to cope with many challenges arising from its rapid growth. Her Shep Was covered vast areas, increasing cyber threats from hostile countries and entities, and gaps of time and distance relevant markets in Australia for export and economic cooperation.
Interest in Israel is supported by Israel's recognition and understanding of its technological advances, scientific research, innovation and cross-sector entrepreneurship, which is important for Australia's continued economic growth.
This is a welcome process that creates a host of business opportunities for cooperation and investment and has led to a record number of senior corporate and corporate delegation visits by business delegates, economists and government officials who visit and visit the country. In our estimation, this trend is expected to continue to grow mainly due to the understanding and appreciation of solutions and technologies available in Israel for the challenges. They are needed, and will grow and expand in the years to come.
Trade and investment relations are on a positive trend. The 2019 reciprocal trade between countries was based on exports of the Israeli knowledge and technology industry, with emphasis on cyber security systems, advanced IT solutions, medical equipment and the export of agricultural and animal products from Australia to Israel, on the one hand, and increasing investment in Israeli innovation and technology.
In 2018, trade with Australia was $ 711 million (up from 704 in 2017), and Israeli exports were $ 528 million. Imports from Australia to Israel in 2018 totaled US $ 183 million. In the first half of 2019, Israeli exports to Australia totaled $ 250.2 million and imports from Australia totaled $ 115.5 million.
In addition, 20 Israeli companies are currently listed on the Australia Stock Exchange for trading ASX and many others are in due diligence and scrutiny.