March 

2010

          Israel Trade Commission Newsletter     
Business Opportunities
Events 
News From Israel
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ITC
  Israel Trade Commission

  Tel:  61-(0)2-93880382

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  http://www.israeltrade.org.au  
Israel Close to Being Accepted into the OECD

Israel is on its way to be accepted into the Organization for Economic Cooperation and Development (OECD): Israeli Finance Minister Yuval Steinitz and OECD Secretary-General Angel Gurría have agreed that Israel will become a member of the organization by May 2010.

The two officials met in Paris during Steinitz’s visit to the biannual meeting of ministers of OECD members and countries which have applied to become members. In November the organization is expected to release its first comprehensive review of the Israeli market’s situation – a decisive move ahead of Israel becoming a full member of the organization, read more.

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Business Opportunities
All new Business Opportunities from Israel are now conveniently listed on our website . The Business Opportunities range across all industries, and we are also able to source products or companies for you if they are not featured in our Business Opportunity listings. We also archive all of our Business Opportunities so you can look at previously listed companies as well.To view our list of Business Opportunities please click here

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Israel and India move toward free-trade talks

India and Israel decided last week to negotiate a bilateral free trade pact.
This was the outcome of a 45-minute meeting between Minister of State for Commerce Jyotiraditya Scindia and Israeli President Shimon Peres.
Following the presidential meeting in Jerusalem, Minister of Industry, Trade and Labor Benjamin Ben-Eliezer told Indian Union Minister that “The start of procedures toward a free-trade agreement with India is a breakthrough in commercial relations between the two countries”, read more.

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Confident Navigation through Global Economic Crisis

Interview with the the Minister of Finance of the State of Israel Dr Yoval Stainmitz.
We are very keen to preserve the leading position of the Israeli's hi-tech industries in the future. We think that this is our first priority and we are doing a lot in order to secure it. The only semi-stimulus plan during the crisis was to put more money in research and development, more governmental money in research and development, in order to compensate, to the little decline in research and development in different Israeli companies during the crisis, view the full interview.

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 ISRAELI START-UPS WIN RED HERRING 100 GLOBAL AWARDS

Four Israeli start-ups won the 2009 Red Herring Global 100 Awards. The winners are video conferencing solutions developer Qoof Ltd, Panaya Inc, which creates software that reduces the cost and risk of making changes to ERP systems, Internet video and P2P caching solutions developer Oversi Ltd and thin server developer MiniFrame Ltd.
The companies, which were among 16 Israeli companies to win the Red Herring Europe 100 Awards in 2009, were evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, management quality, strategy, and market penetration.
Past winners of the competition that began in 1996 include Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay, read more.

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SpotLight on Israeli Company Arrow Ecology

Arrow Ecology is an Israeli company dealing in waste management and is one of the leading waste management companies in the world. Arrow Ecology have achieved this through the development of the ArrowBio waste solution. ArrowBio is an integrated solution for the treatment of municipal solid waste, and is a product of ArrowEcology. The ArrowBio facilities and process provide unique hydromechanical separation and preparation process, recovering 90% of recoverable materials. ArrowBio’s liquid anaerobic treatment produces rich biogas and excellent soil amendment for agricultural purposes. ArrowBio’s unique recovery process is recognized by experts as the most cost effective, eco friendly solution available to the treatment of MSW, and ArrowBio facilities are being built and launched with partners around the world.

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