|Josh Kram (third from right), meets with U.S. and Israeli supporters of the Israel-U.S. Binational Industrial Research and Development Foundation.|
The U.S.-Israel Business Initiative hosted the Israel-U.S. Binational Industrial Research & Development (BIRD) Foundation’s annual reception on June 25, 2014.
American and Israeli officials, including Congressman Chaka Fattah (D-PA) and Amit Lang, Director General of the Ministry of Economy, spoke about the importance of the bilateral commercial relationship.
BIRD Board of Governors co-Chairmen Avi Hasson, Chief Scientist of the State of Israel, and Dr. Phillip Singerman, Associate Director for Innovation and Industry Services at the National Institute of Standards and Technology (NIST), also spoke and highlighted the vital work of the BIRD Foundation.
The BIRD Foundation provides seed funding for Israeli and American to work collaboratively to “define, develop, manufacture, sell and support an innovative product based on industrial R&D.”
BIRD is a critical driver of U.S.-Israel commercial relations. The Foundation has facilitated over 850 projects between leading American and Israeli companies, which has yielded cumulative sales of over $10 billion.
The Chamber recently submitted a set of policy recommendations to both the U.S. and Israeli governments prior to their annual government-to-government economic dialogue. Among the suggestions was increased funding for the BIRD Foundation as part of an overall strategy to strengthen U.S.-Israel economic ties.
“American and Israeli companies continue to work together to invent, develop, and bring to market cutting-edge ideas and products,” said Josh Kram, Executive Director, U.S.-Israel Business Initiative at the Chamber. “The relationship serves as a growth engine for both of our economies — creating jobs and new products with the potential to transform industries and society.”
Israel’s Ministry of Economy visits the Chamber
A senior delegation from the Israeli Ministry of Economy visited the Chamber as part of consultations with the U.S. government and business community on regulatory impact analysis (RIA) on June 25, 2014.
The delegation, led by Amit Lang, Director General of the Israeli Ministry of Economy, met with Chamber regulatory experts Bill Kovacs, Senior Vice President, Environment, Technology, and Regulatory Affairs, and Adam Schlosser, Director, Center for Global Regulatory Cooperation, to discuss the obstacles, best practices, and internal processes surrounding the RIA process.
The Chamber’s The Chamber’s Center for Global Regulatory Cooperation seeks to align trade, regulatory, and competition policy in support of open and competitive markets.
The Environment, Technology & Regulatory Affairs Division develops, implements, and advocates U.S. Chamber policy on issue areas of vital importance to the business community: environment, energy, natural resources, food safety, biotechnology, agriculture, technology, and regulatory processes.