Israel and Sweden Sign Cooperation Agreement on Industrial R&D

(Communicated by the Foreign Ministry Spokesperson)
December 18, 2000

 Israel and Sweden Sign Cooperation Agreement on Industrial R-D
Photo: "Scoop 80" 

 Israel and Sweden Sign Cooperation Agreement on Industrial R-D

On Monday December 18, Foreign Minister Shlomo Ben-Ami signed a Cooperation Agreement between Israel and Sweden in the sphere of industrial research and development, at the Ministry of Foreign Affairs in Jerusalem. Sweden’s Ambassador in Israel, Anderes Liden, will also sign the agreement.

The aim of the agreement is to encourage and advance cooperation in industrial research and development between research companies and organizations in Israel and Sweden. The sides will seek to promote contacts and exchanges of information, and will work to identify partners and joint projects in research and development through visits, workshops and seminars.

The cooperation will focus mainly on the spheres of information sciences, including communications, electronics, computers and programs, biotechnology and medical technology. The agreement defines regulations concerning the need for confidentiality agreements between the parties and the protection of intellectual property rights.

The Israeli side will implement the agreement through the office of the Chief Scientist in the Ministry of Industry and Trade, and Sweden through the National Board for Industrial and Technical Development (NUTEK) of the Swedish Ministry of Industry, Employment and Communications.

The volume of trade between Israel and Sweden in the first eleven months of 2000 was more than $500 million. Israeli exports to Sweden during this period totalled $135 million, with the hi-tech field accounting for more than half this figure.