International trade minister Liam Fox visits Israel to push post-Brexit trade

The latest Jewish News

Read this week’s digital edition

Click Here

International trade minister Liam Fox visits Israel to push post-Brexit trade

Government representative described himself as “as longstanding friend” of the Jewish state as he visits on key business mission

Dr Liam Fox with UK Ambassador to Israel, David Quarrey. Credit:  Ben Kelmer.
Dr Liam Fox with UK Ambassador to Israel, David Quarrey. Credit: Ben Kelmer.

Britain’s minister for international trade made Israel his first port-of-call this week, after the 27 members of the European Union signed off on the terms of Britain’s departure from the bloc.

Liam Fox met Israeli Prime Minister Benjamin Netanyahu on Tuesday in a bid to replicate or improve on the trade relations currently enjoyed between the two countries as part of the EU-Israel Association Agreement.

Trade between Israelis and Brits has skyrocketed, with Scotch whisky exports alone increasing by 300 percent in the last six years, while Israeli-made generic pharmaceuticals continue to act as a crucial pipeline supply for the NHS.

“Ensuring continuity for our businesses is the best foundation for growing two-way UK-Israel trade and investment,” said Fox.

“The complementary nature of our economies in areas like science and technology, where we are both global leaders, gives us an obvious opportunity to increase our already record-breaking levels of bilateral trade.”

The UK Government’s proposed Brexit deal allows Fox to strike his own deals around the world, with Israel one of about 70 countries with which the UK would seek to first replicate the trade terms currently enjoyed by its membership of the EU.

Dr Liam Fox meeting some of the UK’s biggest Israeli investors during day one of his trip to the Jewish state

In recent years, London has been the preferred listing destination of Israeli companies setting up abroad, with 300 firms setting up shop here, but it is unclear whether this will continue after the UK leaves the single market.

As an ardent Brexiteer, one of Fox’s first ministerial actions upon assuming control of the Department for International Trade was to set up a UK-Israel Trade Working Group “to identify and remove barriers to trade between the two countries”.

The minister last year described himself as “as longstanding friend” of Israel, which he said would be a “key partner” in Britain’s future outside the EU.

Help perform the greatest mitzvah: save a life

While life in Israel has returned to normal and hopes are high that Britain is set for a summer without restrictions thanks to vaccines, for billions around the world there is no such imminent light at the end of the tunnel. In the majority of countries around the globe, particularly the poorest, the vaccine rollout has barely kicked off.

That's why Jewish News, the leading source of news and opinion for the entire UK community, is throwing its full weight behind UNICEF’s VaccinAid campaign by using this platform usually reserved for encouraging donations towards our own journalism to instead urge our readers around the globe to perform the greatest mitzvah: saving a life.

We have never before done this for any charity fundraiser but it's hard to recall a campaign that affects so many people, and indeed an entire planet aching for a return to normality. Just like the Chief Rabbi and Rachel Riley, we hope to boost the mission to deliver two billion vaccines, 165 million treatments and 900 million test kits around the world by the end of this year.

Please donate as much as you can, in the spirit of the Talmudic sages: “to save one life is to save the world entire”

read more: