Sunday, January 29, 2017
Attending cybersecurity conference; Michigan companies exploring trade opportunities with Middle East country
Gov. Rick Snyder will lead a seven-day investment mission to Israel, focusing on trade and investments, improving academic cooperation and exploring opportunities for collaboration on cybersecurity matters.
The mission will depart on Friday, Jan. 27 and return on Thursday, Feb. 2.
“Michigan’s longstanding ties with Israeli companies and academic institutions have created excellent opportunities to increase trade, business investments and scientific research,” Snyder said. “I look forward to building on these highly productive relationships, especially in the areas of cybersecurity and defense.”
Gov. Snyder and the delegation will travel to Be’er Sheva, Jerusalem, Tel Aviv, and surrounding areas to meet with government leaders, business executives and university officials. The governor also will provide remarks at the CyberTech 2017 Conference, considered the most significant conference and exhibition of cyber technologies outside of the U.S.
“Michigan needs to work collaboratively with public, private and governmental partners to raise awareness and implement innovative solutions to complex cybersecurity issues,” Snyder said.
Michigan Economic Development Corporation Chief Executive Officer Steve Arwood and other MEDC officials, as well as Department of Technology, Management and Budget Director David Behen are joining the governor’s mission.
Concurrently with the governor’s mission, MEDC and Michigan Israel Business Bridge are leading a group of business leaders from nine Michigan companies to meet with prospective business partners, distributors and buyers to increase export opportunities.
The participating companies are:
The U.S. is Israel’s largest single trading partner. Since signing a Free Trade Agreement in 1985, U.S./Israel trade has grown eight-fold. Since 1995, nearly all trade tariffs between the U.S. and Israel have been eliminated.
The Israel mission is being conducted at the invitation of the Israeli government and hosted by the Jewish Federation of Metropolitan Detroit. This is Gov. Snyder’s second investment mission to Israel since taking office in 2011.
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