PH, Israel ink deal to advance innovation and trade cooperation

July 30, 2025
8:02AM PHT

The Philippines and Israel reaffirmed and deepened their economic partnership as Trade and Industry Secretary Cristina Roque and Israeli Minister of Economy and Industry Nir Barkat met on July 29, 2025, to conclude the first Philippines-Israel Joint Committee (JC) Meeting.

Why it matters:

The high-level dialogue, capped by the signing of a Summary of Discussions, identified priority areas for bilateral economic cooperation—agriculture, innovation, startups, cybersecurity, and trade and investment promotion.

Zoom in:

The JC Meeting, held virtually on July 1, 2025, and concluded in-person on July 29, brought together senior government officials and ambassadors from both countries. It marks a significant step forward in institutionalizing economic dialogue between the Philippines and Israel.

“This meeting reflects the enduring economic partnership between the Philippines and Israel,” said Roque in a statement. “We are aligning our priorities in areas of mutual interest that will support the next phase of our countries’ sustainable and secure growth.”

Between the lines:

Agriculture took center stage in the talks, with both countries exploring joint projects focused on irrigation innovation, climate-resilient crop varieties, smart greenhouses, and livestock complexes. The aim is to drive private sector collaboration and knowledge-sharing in agrotechnology.

Innovation and startups:

Both sides agreed to operationalize the 2022 Agreement on Cooperation in Technological Innovation, Research and Development. This includes launching joint R&D projects, pilot programs, and exchanges on startup best practices and support mechanisms.

Cybersecurity and beyond:

Recognizing the importance of digital resilience, both countries committed to cooperation in cybersecurity through information-sharing, technical discussions, and capacity-building initiatives. Other areas explored include intellectual property, customs procedures, and training programs.

What’s next:

The Summary of Discussions paves the way for concrete collaborative actions, setting the tone for a more dynamic Philippines-Israel economic engagement. —Ed: Corrie S. Narisma

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