The agreement will include clauses ensuring extensive co-operation in finance, information exchanges, scientific relations and other matters.
An agreement conferring on Israel Associate Member status in the European Union will be signed in June in the presence of the foreign ministers of the organisation's fifteen member states and Israel. This was agreed yesterday in Berlin, in talks between Minister of Foreign Affairs David Levy and his German counterpart Joschka Fischer.
According to Levy, the agreement will confer on Israel preferential status in relations with the EU. The agreement will include clauses ensuring extensive co-operation in finance, information exchanges, scientific relations and other matters.
Israel made efforts for years to achieve the association agreement ensuring trade concessions and also strengthening Israel's political and diplomatic standing in Europe. Levy praised the position taken by Germany, which persuaded its European colleagues to support the agreement.
Published by Israel's Business Arena on 16 March, 2000