The Israeli government has announced that South Korea and Israel will begin free trade talks with the goal to sign a trade pact by April

The process will cover issues such as trade in goods, services, investment, trade facilitations

The forecast follow news that third-quarter exports plunged 17% while GDP growth has declined steadily, to 3.4% from 7.2% in fourth-quarter 2010

The two governments are expected to set up a feasibility study to examine the proposal

Taiwan and Israel had reached a consensus over the establishment of a working group to study the feasibility of signing a free-trade agreement (FTA) by 2013

"K" Line's TEU 8000 container vessel "HUMBER BRIDGE", will call Ashdod port on January 14th 2012. The vessel will be the largest container vessel ever to call in Israel. The vessel will be deployed by the CKYH Alliance

Data released last week by Israel's tax authority noted a 6% increase in car import in November, compared to the corresponding period last year

Two high-level American delegations reached out to Israeli business leaders during visits to the country last week, as they explored cooperation in renewable energy, aerospace, medicine and other technologies