S Korea, Israel to speed up joint research projects koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Israel and Singapore will financially support joint projects of their hi-tech companies, the Israel Innovation Authority (IIA) said on Thursday night (June 10).
JERUSALEM, June 10 (Xinhua) Israel and Singapore will financially support joint projects of their hi-tech companies, the Israel Innovation Authority (IIA) sa
Jerusalem, Seoul to Sign Free Trade Agreement This Week Tara Kavaler
Israel hopes South Korea trade pact will spur more Asian countries to follow
Israeli producers have long wanted to expand into the Asian market. They got their wish on Sunday when the Economy Ministry announced the first free trade agreement with an Asian country.
This will be one of two deals signed by Jerusalem and Seoul; the second significantly increases funding for the Korea-Israel Industrial R&D Foundation (KORIL-RDF), a binational initiative that supports joint technological work between private entities.
Economic experts with ties to the region believe these agreements, particularly the FTA, will spur other nations to join in.