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Feasibility study on strengthening trade and investment with Israel: submissions

Overview

The Australian Government is pursuing new trade opportunities for Australian businesses. As former Minister for Trade, Tourism and Investment, the Hon Dan Tehan MP, announced in February 2021, the Department of Foreign Affairs and Trade (DFAT) is undertaking a feasibility study on how best to strengthen trade and investment with Israel, including possibly through a Free Trade Agreement (FTA).

Australia's bilateral economic relationship with Israel has continued to grow in recent years. Two-way goods and services trade increased to approximately $1.3 billion in 2019-20. Australian exports to Israel were worth $345 million and imports from Israel to Australia were worth $1.02 billion. In 2019, Australian investment in Israel totalled $1.2 billion and Israeli investment in Australia was $342 million, mostly centred in the innovation sector.

In 2019, the Australian Government opened the Australian Trade and Defence Office in West Jerusalem and concluded the Australia-Israel Double Taxation Agreement. In 2016, Austrade established the Australian Landing Pad in Tel Aviv, which has supported more than 81 Australian companies tap into Israel's advanced innovation ecosystem.

Contact us

Inquiries can be sent to:

Mail:

Levant Section

Middle East Branch

Department of Foreign Affairs and Trade

RG Casey Building, John McEwen Crescent

Barton ACT 0221

Submissions

Public consultations comprise a key component of the feasibility study. Submissions will assist the Government in identifying Australia's priorities for strengthening trade and investment with Israel. DFAT invited submissions from interested businesses, groups and individuals. Non-confidential submissions are published below. New submissions can no longer be accepted.

Submissions received [PDF]

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