Jersey has made good progress in enhancing business relationships with Israel, following attendance at an invitation-only breakfast event in London last week.
Minister for Economic Development Senator Alan Maclean attended the private breakfast briefing on 21st February at the invitation of the Office for Trade and Economic Affairs at the Embassy of Israel and UK Israel Business. At the breakfast event, he sat with Israel’s Minister of Economy, Naftali Bennett MK, underlining Jersey’s desire to work with Israel’s well established technology sector, and believes this relationship will help Jersey grow its own digital economy.
Minister Bennett addressed an audience of 50 invited guests and spoke about innovation, entrepreneurship and deregulation in Israel.
Attendance at the breakfast briefing forms part of a busy programme of activity aimed at building positive business relationships with Israel. In December, Chief Minister Senator Ian Gorst led a three-day visit to Israel, organised by Locate Jersey, and participated in a plenary session at the Globes Israel Business Conference in Tel Aviv. Details have also just been announced for an ‘Island Innovators [un]Conference’ from 3 – 6 April, featuring Israeli serial entrepreneur Yossi Vardi.
Following his meeting with Naftali Bennett, Senator Alan Maclean said:
“Developing high-level business links with Israel continues to be a focus for us this year, and being invited to meet Minister Bennett demonstrates the good progress we are making. The event gave us a rare opportunity to strengthen the ties between Jersey and Israel and explain at a ministerial level the benefits of Jersey as a business location and the success achieved to date.
“There are significant opportunities for Israel and Jersey to work together, particularly within the financial services and technology sectors. We can learn much from Israel’s approach to entrepreneurship, innovation and supporting ambitious young people. Meanwhile, Jersey offers a highly attractive soft landing environment for supporting young Israeli tech companies looking to enter the European market. It is extremely encouraging that our messages are being so well received at government level.”