CONGRESSMAN LIEU STATEMENT ON INTRODUCTION OF BI-PARTISAN RESOLUTION CHAMPIONING THE U.S.-ISRAEL ECONOMIC RELATIONSHIP
FOR IMMEDIATE RELEASE
WASHINGTON - Today, Congressman Ted W. Lieu (D | Los Angeles County) issued the following statement announcing the introduction of a resolution to champion the importance of the U.S.-Israel economic relationship and encourage new areas of cooperation. This year marks the 30th anniversary of the U.S.-Israel Free Trade Agreement. A bi-partisan group of congressional colleagues joined Congressman Lieu in authoring the resolution, including Ted Poe (R-TX), Chairman of the House Foreign Affairs Subcommittee on Terrorism, Nonproliferation and Trade; Ed Royce (R-CA), Chairman of the House Foreign Affairs Committee; and Eliot Engel (D-NY), Ranking Member of the House Foreign Affairs Committee.
“Since the signing of the U.S.-Israel trade agreement 30 years ago, Israel has become one of our most dynamic economic partners in the entire Middle East and North Africa. Despite representing a mere two percent of the region’s population, it has become a top U.S. trading and investment relationship.
“What makes the relationship truly unique, however, is the cutting-edge innovation that I have witnessed firsthand. From Los Angeles’ Silicon Beach to Tel Aviv’s Silicon Wadi, our technology sectors are driving innovation across industries. Our joint science and technology research institutions are collaborating on life-changing medical breakthroughs and clean energy technology. U.S. States are even entering into individual agreements with Israel to deepen cooperation in specific areas of interests, as California did in 2014 on water conservation and cybersecurity.
“Our resolution today recognizes that the U.S.-Israel economic relationship has become central to our strategic partnership. I plan to work with my colleagues to seek out new ways to deepen that relationship even further and address the shared challenges our two nations face.”