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2013 Briefing Book - Print Version - Aipac

2013 Briefing Book - Print Version - Aipac

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RELATIONSHIP<br />

Apple, Google, Intel and other major U.S. firms have established key research and development centers in Israel.<br />

Prize-winning cancer treatments. Other key developments include technology that allows first<br />

responders to see through walls, innovations in mobile Internet technology and enhanced aircraft<br />

vision systems that allow pilots to see in the dark. Intensified commitments in the future are likely<br />

to lead to further breakthroughs.<br />

BIRD Energy was launched in 2008 to leverage U.S. and Israeli ingenuity in reducing American<br />

and Israeli dependence on oil. In its brief history, the Foundation has leveraged minimal<br />

government investment for more than $20 million in private-sector funding, initiating projects in<br />

alternative fuels, smart-grid management and solar technology.<br />

Free Trade Agreement Boosts Ties<br />

In the 25 years since the United States and Israel signed their Free Trade Agreement, Israel has<br />

become a prime destination for U.S. goods and services. Despite having a population of under<br />

8 million, Israel ranks as one of America’s leading trade partners, outpacing larger states such<br />

as Russia, Spain and Indonesia. More than $78 million worth of goods and services are traded<br />

daily between the United States and Israel, representing an increase of 500 percent since the 1985<br />

agreement. This exponential growth has created jobs in both countries.<br />

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