Summary of the seminar
Israel is a business destination worth considering for any company wishing to develop internationally.
With a 2019 GDP per capita of USD 42,000, Israel benefits from excellent economic fundamentals. Over the last three years, the country’s GDP has grown at a rate of 3 to 4%, which has also translated into nearly full employment.
The unemployment rate has steadily decreased from 10.5% in 2000 to 4% in 2018.
On December 4, 2019, come discover the many business opportunities available in Israel.
This seminar will present the country’s innovation and business ecosystem and teach you about its different facets, such as its business culture, legal and fiscal framework and potential business sectors.
THE MARKET IN ISRAEL
WHO IS THIS SEMINAR FOR?
A unique opportunity to:
- Evaluate the potential for developing your business in Israel;
- Network with other Quebec companies considering this market;
- Benefit from the advice of experts and companies operating in this Near-Eastern country.
Today, Israel has the most developed, powerful and dynamic economy in its region. The country has both a healthy, rapidly growing economy and a dynamic and internationally competitive high-tech sector.
Israel is a world leader in the science, technology and innovation sector:
- The country invests 4.25% of its GDP in research and development.
- The Israeli innovation ecosystem includes a large number of startups and is also characterized by the involvement of many international companies.
- The country is home to Silicon Wadi, a region with over 5000 startups that is ranked the 6th largest startup ecosystem in the world.
- Tel-Aviv is ranked:
- 2nd among the world’s cybersecurity ecosystems
- and 3rd for artificial intelligence.
- Jerusalem is a leader in the life sciences.
Business opportunities between Canada and Israel
In 2017, the Government of Quebec signed a technological innovation cooperation agreement with the Israeli government.
The Canada-Israel Free Trade Agreement (CIFTA) has been in force since 1997 and has led to:
- The tripling of two-way merchandise trade between the Two countries
- Reduced tariffs for Canadian exports
- New provisions to facilitate trade with respect to sanitary measures, intellectual property and e-commerce
- Provisions to protect workers and the environment
Relive our last mission to Israel
Who should participate in this seminar?
Any company looking to develop its business in Israel or to learn more about these markets.
This is particularly aimed at companies in the following industries:
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- Agriculture and agri-food
- Aerospace and defence
- Artificial intelligence
- Life sciences
- Clean technology
- Medical technologies