ISRAEL'S APPROACH TO LIMITATION OF FOREIGN INVESTMENTS ON THE EXAMPLE OF COOPERATION WITH CHINA, JAPAN AND INDIA

E. A. Iakimova ()

International Trade and Trade Policy, 2024, vol. 10, issue 1

Abstract: The article focuses on the specifics of the Israeli mechanism of foreign investments control that was created primarily under the influence of the political will of Israel's main global partner, the United States, but not on the basis of the country’s economic interests. The author considers the course of negotiations between the government of B. Netanyahu and the administration of D. Trump on the formation of an advisory committee for foreign investment approval, its goals, objectives and directions of work, as well as the differences from the Committee on Foreign Investment in the United States (CFIUS). The cases of China, Japan and India are consistently analyzed. The choice of these examples is motivated by both by the level of their business activity in Israel and the dynamics of contacts with the United States, which forces the White House to support or hinder their cooperation with its Middle Eastern partner. The author comes to conclusion that the Israeli government did not completely repeat the American experience of control over foreign investment, although it is moving towards tightening this practice. The study shows that that the main focus of the Israeli advisory committee since its creation in 2019 has been transactions with China, while relations with representatives of Japan and India have particularly no restrictions.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2024:id:672

DOI: 10.21686/2410-7395-2024-1-130-143

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