World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Israel accepted as an Observer State of the Pacific Alliance

Israel has been accepted as an observer state of the Pacific Alliance. Israel's accession was made possible as a result of efforts led by Prime Minister Benjamin Netanyahu with the leaders of its member states. It is the continuation of Prime Minister Netanyahu's policy of developing new markets for the Israeli economy. In the coming months, the Prime Minister is due to visit Colombia and Mexico in order to promote cooperation with the Pacific Alliance.

The combined GNP of the Pacific Alliance member states amounts to over $2 trillion and constitutes 36% of the GNP of Latin America. It is the eighth largest economy in the world, accounts for 50% of Latin America's trade and 26% of its foreign investments (over $70 billion). Israel currently exports $864 million worth of goods to the Pacific Alliance countries per annum, approximately 1% of Israel's total exports. (For comparison, exports to India, the economy of which is smaller than that of the Pacific alliance countries, constituted approximately 3.4% of exports in 2013).

The decision to accept Israel as an observer state was made last night at a Pacific Alliance summit in Cartagena, Colombia with the participation of the member state presidents. Israel thus joins the US and Canada – among others – as an observer state. As an observer state, Israel will be invited to take part in the staff work of the Pacific alliance and attend its conferences, which will facilitate the advancement of cooperation with its member states.

Prior to the decision, Prime Minister Netanyahu spoke with Colombian President Juan Manuel Santos and Chilean President Sebastian Pinera, who confirmed their support for Israel's accession. Prime Minister Netanyahu met last month in Davos with Mexican President Enrique Pena Nieto, who acceded to the former's request that Israel be accepted as an observer state.

The Government's effort to enhance economic ties is being led by Prime Minister's Office Director General Harel Locker and his deputy, Yossi Catribas, in conjunction with the ministries of Foreign Affairs, Economy, Tourism, Agriculture and Rural Development, Science and Finance.

Prime Minister Netanyahu said, "I thank the leaders of the Pacific Alliance member states for accepting Israel as an observer to the important organization that they head. This is an additional step in ensuring the continued growth of the Israeli economy. We are diversifying the State of Israel's international markets."

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Whaling: Japan’s Institute for Cetacean Research In Defiance Of World Court Ruling

The ICR Today Filed Court Briefs Stating They Intend to Return to Antarctica to Hunt Whales in 2015-2016; Will Seek to Enjoin Other Sea Shepherd Entities from Obstructing Their Operations More>>

Ukraine: UN Urges 'Maximum Restraint' Amid Situation In East Ukraine

Deeply concerned by the deteriorating situation in eastern Ukraine, United Nations Secretary-General Ban Ki-moon has called for maximum restraint and appealed to all sides to work towards calming the situation, which has the 'growing potential' to ... More>>

United Nations: Children Can Now Lodge Complaints With The UN

GENEVA (14 April 2014) – United Nations child rights experts have hailed a new treaty that allows children to complain directly to the UN Committee on the Rights of the Child about alleged violations of their rights. More>>

India: Election But A Ritual In Nation Lacking Rule Of Law

The Asian Human Rights Commission (AHRC) congratulates the people of India for their participation to elect the 16th Lok Sabha. The process has attracted, as usual, considerable media attention across the world. Media claims the process to be 'the largest democratic ... More>>

Solomon Islands: Thousands Remain Affected After Flash Floods

An estimated 52,000 people remain affected in the worst-hit areas of Honiara and greater Guadalcanal following last week’s devastating floods which killed at least 23 people. More>>

ALSO:

World: Some 437,000 People Murdered Worldwide In 2012 - UN

Almost half a million people across the world lost their lives in 2012 as a result of intentional homicide, with the highest murder rates logged in the Americas and Africa, and the lowest in Europe, Asia and Oceania, the United Nations Office on ... More>>

Central African Republic:: Security Council Establishes UN Peacekeeping Mission

Deeply concerned about the deteriorating security situation and ongoing human rights abuses in the Central African Republic (CAR), the Security Council today approved the establishment of a nearly 12,000-strong United Nations peacekeeping operation ... More>>

ALSO:

Parliament: NZ Sending Aid Flight To Solomons

Foreign Affairs Minister Murray McCully has announced further support for the response to severe flooding in Solomon Islands. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news