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Economic Affairs

Economic Section

Economic Section

The Embassy’s Economic Section is responsible for monitoring and maintaining the full range of economic relations between the United States and Israel. It provides U.S government agencies in Washington DC and other U.S. Embassies abroad accurate and timely information regarding current economic and financial developments in Israel and seeks to explain U.S. economic policy to Israeli audiences. The Economic section supports visiting U.S. delegations and maintains regular contact with a variety of Israeli government institutions, think tanks, civil society organizations and business groups. Headed by the Economic Counselor, the section covers such diverse issues as trade policy, intellectual property right protection, traditional and emerging energy sources, economic development of minority groups within Israel, Israel’s macroeconomic and financial sector developments, anti-money laundering and counter-terrorism finance efforts, and economic aspects of the peace process.

A central strategic goal of the U.S. mission in Israel is to encourage an enhanced bilateral economic relationship that is mutually beneficial and better able to meet global challenges. Advocating for regulatory efficiency and transparency, a competitive trade policy, recognition of U.S. product and service standards, an updated Free Trade agreement, and promoting joint research and development are all part of the Economic section’s active pursuits in Israel.

The Economic Section works closely with the U.S. Commercial Service, the Foreign Agricultural Service, Treasury Department, USAID, Office of the U.S. Trade Representative, and other U.S. agencies in these pursuits.