UK-Israel bilateral trade up 25% to £6.9 billion in 2017

By February 28 2018, 16:06 Latest News No Comments

UK Israel BusinessBilateral trade between the UK and Israel increased by 25% in 2017 to a record £6.9 billion, Israel’s Ambassador to the UK, H.E. Mark Regev, announced on Tuesday.

Speaking at the UK Israel Business Awards dinner, Ambassador Regev said that the rise in figures from £5.5 billion in 2016 to £6.9 billion in 2017, was “remarkable” and that it “demonstrates the momentum behind our economic relationship”.

Ambassador Regev emphasised: “The hard work of businesspeople and entrepreneurs like all of you at UK Israel Business leaves me in no doubt that the Israel-UK partnership will continue to grow in the years ahead”.

The dinner saw the London Stock Exchange Group honoured as British Company of the Year following its creation of an Israel-based Head of Primary Markets. 29 Israeli companies are currently listed on the London Stock Exchange, including another award winner on the night, Crossrider, which provides marketing technology to monetise mobile and web media.

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