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

 

UN Health Agency Responds To Ebola Spike

UN health agency responds to Ebola spike by deploying team on border of Guinea and Guinea-Bissau More>>

UN Casts Israel As World's Worst Violator Of Health Rights

Israel's army team of medics recently treated 1,600 victims of the Nepal earthquake. More>>

W Thousands Flee Syria’s Besieged Historic City Of Palmyra

As thousands flee Syria’s besieged historic city of Palmyra, UN refugee agency readies response plan More>>

UN Agency To Halt Housing Allowance For Palestine Refugees

Lack of funds forces UNRWA to suspend cash assistance for housing for Palestinian refugees from Syria in Lebanon. Photo: UNRWA/Shafiq Fahed More>>


Bangkok: International Day Against Homophobia, Transphobia, Biphophia

BMA, UN, embassy representatives, civil society and artists stand united with LGBTI Thais on International Day against Transphobia, Homophobia, and Biphobia (IDAHOT) at Bangkok Art and Culture Centre More>>

Displaced Iraqis Face Difficulties As Fighting Continues

UNHCR is concerned about the processing arrangements in place at the Bzabz bridge – a series of pontoons across the Euphrates River which marks the boundary between Anbar province and the capital, Baghdad. Photo: UNHCR/G. Ohara More>>

UNESCO Chief Condemns Killing Of Bangladeshi Blogger

Director-General of the UN Educational, Scientific and Cultural Organization (UNESCO), Irina Bokova. UN Photo/Devra Berkowitz The head of the United Nations agency with a mandate to defend freedom of expression and press freedom worldwide today voiced ... More>>

Philadelphia: Train Crash

Five people have been confirmed dead and more than 136 people injured after an Amtrak train crashed in Philadelphia today at 9.20pm local time.More>>

UN News: Alarming Surge In Bay Of Bengal Crossings

The number of irregular migrants crossing the Bay of Bengal has almost doubled over the past year amid a dangerous uptick in human smuggling and trafficking across the region, according to a new report from the United Nations refugee agency. More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news