The U.S. and Israel are jointly pursuing development environmentally friendly technology.
The 31st U.S.-Israel Joint Economic Development Group (JEDG) convened on Monday in Israel’s Foreign Ministry, where ramping up U.S.-Israel collaboration on innovation, clean energy, and technology topped the agenda. The two governments also advanced joint efforts to accelerate private investments in clean energy and energy efficiency technologies.
Delegations from the two countries recognized the significance of the JEDG forum, stressed the concrete outcomes of last year’s JEDG, and pledged to continue the close economic policy coordination and collaboration between Israeli and American officials.
In his remarks, Director General Shai Babad said: “This year, we mark the 31st convening of the JEDG conference, and we have seen significant progress ever since its establishment. We’re looking forward to collaborating with our American partners and broadening the Israeli horizon in the area of green technology. Our accomplishments from last year led the Ministry of Health and Health and Human Services (HHS) earlier this year to renew the two countries’ Memorandum of Understanding on cooperation in the fields of health, medicine and science. During this year’s dialogue, the Department of Commerce and the Israeli Innovation Authority signed a Memorandum of Understanding on Technological Innovation and Entrepreneurship. We hope to continue productive discussions in future sessions.”
The meeting was co-chaired by Charles Rivkin, Assistant Secretary of State for Economic and Business Affairs, and Shai Babad, Director General of Israel’s Ministry of Finance. Also participating were Karnit Flug, Governor of the Central Bank of Israel, U.S. Ambassador to Israel Dan Shapiro, Jeremy Issacharoff, Vice Director General at the Ministry of Foreign Affairs, and over 60 other distinguished officials from both countries.