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

 


21 Egyptians Beheaded

Egyptian jets bombed Islamic State targets in Libya on Monday, a day after the group there released a video showing the beheading of 21 Egyptian Christians, drawing Cairo directly into the conflict across its border. More>>

Protests In Bil’in Honoring Slain US Citizens

Protesters at demonstration in Bil’in honoring slain US citizens face attacks and arrests by Israeli forces. More>>

Resolution Targeting Sources Of Financing For ISIL

Ambassadors representing two countries under attack from ISIL, Bashar Ja’afari (right) of Syria, and Mohamed Ali Alhakim of Iraq, speak to journalists following the adoption of a Security Council resolution targeting sources of financing for ... More>>

ALSO:

  • U.S. Department of State - Support for Authorization for Use of Military Force
  • "Pakistan Probably Harboured Osama Bin Laden"

    Former ISI head Lt. Gen. Asad Durrani tells Al Jazeera Pakistan probably harboured Osama Bin Laden More>>

    "Pakistan Probably Harboured Osama Bin Laden"

    Former ISI head Lt. Gen. Asad Durrani tells Al Jazeera Pakistan probably harboured Osama Bin Laden More>>

    ISM Honours Kayla Mueller

    Abdullah Abu Rahma, coordinator of the popular committee in the village of Bil’in where Kayla joined the protests, told ISM: “Kayla came to Palestine to stand in solidarity with us. She marched with us and faced the military that occupies our ... More>>


    US Measles Outbreak: UN Urges Parents Vaccinate Children

    3 February 2015 – Parents in the United States must vaccinate their children against measles in order to maintain the high levels of immunity necessary in keeping outbreaks of the aggressively contagious virus small and contained, the United Nations World ... More>>

    Ebola: Large-Scale Vaccine Trials Under Way In Liberia

    WHO welcomed the donation by the Public Health Agency of Canada of 800 vials of one of the leading candidate Ebola vaccines, rVSV-ZEBOV. Photo: WHO/M. Missioneiro (file) More>>

    Security Council Denounce Murder Of Jordanian Pilot

    3 February 2015 – For the second time in as many days, Secretary-General Ban Ki-moon and the United Nations Security Council have jointly condemned the brutal killing of a civilian by the Islamic State of Iraq and the Levant (ISIL) – this time deploring ... More>>

    Get More From Scoop

     
     
     
     
     
    World
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news