Celebrating a new era of collaboration between Israel and the UAE – Adiv Baruch, Chairman Israel Export Institute explores avenues for bilateral trade | Gulfnews

Could you elaborate a bit on the Israel Export Institute’s profile and activities?
The Israel Export Institute (IEI) is the first, public-private, not for profit organisation that was set up by the government of Israel 62 years ago, realising that the economic relationship would be more important in order to create sustainable relationships. Diplomacy is creating what we are calling the path, but it is the economy that is putting together the ties on the long term relationship or sustainable relationships. It’s not for profit and the private side is that every company, the manufacturing associations etc. are part of the board of directors and up to 50 per cent of the board of directors comprise Israeli government representatives including from the Ministry of Economy, the Ministry of Finance, Ministry of Foreign Affairs etc. So we have real synchronicity between the government vision and private sectors to execute what is best for the economy.