Israel Holds Off 'America First' With Joint Venture Tech Lure
- Israel hopes to expand joint tech investments with U.S.
- Joint investments create jobs and tax revenue in both nations
The hats of haredi ultra-Orthodox jews sit on computer desks at a tech startup office.
Photographer: Rina Castelnuovo/BloombergThis article is for subscribers only.
Israel sees expanding joint research and development with the U.S. as a way to boost trade in the era of Donald Trump’s “America First.”
“The minute we work together on technology, we both maintain our security and civilian advantage,” said Economy Minister Eli Cohen, who met with Gary Cohn, director of the U.S. National Economic Council. The intention is to “deepen development ties” through the existing Israel-U.S. Binational Industrial Research and Development fund, known as BIRD, which promotes projects of mutual benefit to both countries, he said in an interview.