The two nations are getting closer and closer especially by encouraging startups via the Start Jerusalem event. The context of this global competition for startups is a Free Trade agreement which is on the way to being signed.
Targeting startups is thus supporting the efforts to connect these two nations. The fields at the heart of this partnership are agricultural technology, education and medicine.
Promoting the Start-up Nation and research is merging with Technion’s goal to drive Israel’s high-tech economy.
Source: Times of Israel