Delegations from the four EFTA States and Israel focused their discussions on the potential for modernising and enhancing the Free Trade Agreement which has been effective since 1993. Based on expert talks held in conjunction with the Joint Committee, trade in agricultural products as well as rules of origin were identified as priority areas for revision.
The Parties also reviewed the evolution of trade between them, noting that bilateral imports and exports had recently recovered from a dip in 2009. Total merchandise trade between EFTA and Israel amounted to USD 1.5 billion in 2010.
In the Joint Committee, Ambassador Didier Chambovey, Head of World Trade in the Swiss State Secretariat for Economic Affairs, was the spokesperson for EFTA, whereas Ms Nathalie Gutman-Chen, Director for Bilateral Trade Agreements in the Ministry of Industry, Trade and Labour, chaired the Israeli delegation.
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