Florida Chamber of Commerce Signs MOU With Israeli Chambers of Commerce to Strengthen Trade and Investment Partnerships Between Florida and Israel
Building on Florida’s once-in-a-generation opportunity to transform Florida’s economy into a global hub for trade, the Florida Chamber of Commerce, the Federation of Israeli Chambers of Commerce and the Israel-America Chamber of Commerce signed a Memorandum of Understanding (MOU) promoting greater cooperation, strategic partnerships, and trade and investment between Israel and Florida.
The MOU was signed during the Governor’s Business Development Mission to Israel – Tel Aviv and Jerusalem, with Governor Ron DeSantis joining Florida Chamber President and CEO Mark Wilson for the signing ceremony.
“Florida and Israel have a long history of strong cooperation in key economic sectors, and by signing an MOU with our Israeli Chamber partners, small businesses in Florida and Israel stand to gain stronger economic benefits through strategic trade and investment partnerships,” said Mark Wilson, President and CEO of the Florida Chamber of Commerce.
Governor Ron DeSantis said, “Israel and the United States, especially Florida, have a sound economic bond that we are working to strengthen even further while on this historic business development mission. Whether it be increased investment between our two nations, more options for commercial flights for our residents, or the exchanging of innovative technological advancements, we are always looking for ways to build on our relationship.”
INTERNATIONAL TRADE FACTS:
- In 2018, trade was responsible for $147. 8 billion of Florida’s GDP.
- Trade impacts 1 in 5 Florida jobs.
- There are 58,000 Florida exporters, and over 90 percent are small businesses.
- Florida
currently exports many different types of products to Israel, including:
- Aircraft parts,
- Electric machinery,
- Medical devices and more.