Israel and Australia discuss free trade agreement

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Israel and Australia discuss free trade agreement, with Economy ministers agree on kicking off preliminary talks as early as January, according to a recent article published in Ynet.

Israeli export of goods and business services to Australia in 2020 amounted to about USD 736 million while imports amounted to about USD 325 million with a total volume of trade estimated at over USD 1 Billion.

Israeli exports to Australia chiefly consisting of consumer goods, software and high-tech technologies, and medical equipment.

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