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HI HR125
Resolution
Status
3/13/2013
Primary Sponsor
Gene Ward
Click for details
AI Summary
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Commends the United States and Israel for their commitment to democracy, human rights, and strengthening their economic and strategic partnership.
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Recognizes the 1985 United States-Israel Free Trade Agreement as the first bilateral trade agreement for the U.S. and second for Israel, which has resulted in nearly a ten-fold increase in bilateral trade since its inception.
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Notes that in 2009, U.S. exports to Israel totaled $9.3 billion and imports from Israel were $18.3 billion, with direct investment between the two nations from 2000-2009 totaling $77 billion from the U.S. to Israel and $51.3 billion from Israel to the U.S.
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Highlights Israel's contributions to regional stability through its participation in NATO's Mediterranean Dialogue and recognizes the strong cultural, economic, and strategic bonds between Israel and Hawaii.
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Encourages the Hawaii Governor to undertake a trade mission to Israel to explore economic cooperation opportunities and directs transmission of the resolution to federal officials and international leaders.
Legislative Description
United States-Israel Economic Strategic Partnership
Last Action
Referred to VMI, EDB, FIN, referral sheet 39
3/18/2013