|
|
Economy - overview:
Israel has a technologically advanced market economy with substantial government participation. It depends on imports of crude oil, grains, raw materials, and military equipment. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. Israel imports substantial quantities of grain, but is largely self-sufficient in other agricultural products. Cut diamonds, high-technology equipment, and agricultural products (fruits and vegetables) are the leading exports. Israel usually posts sizable current account deficits, which are covered by large transfer payments from abroad and by foreign loans. Roughly half of the government's external debt is owed to the US, which is its major source of economic and military aid. The bitter Israeli-Palestinian conflict; difficulties in the high-technology, construction, and tourist sectors; and fiscal austerity in the face of growing inflation led to small declines in GDP in 2001 and 2002. The economy rebounded in 2003 and 2004, growing at a 4% rate each year, as the government tightened fiscal policy and implemented structural reforms to boost competition and efficiency in the markets. In 2005, rising consumer confidence, tourism and foreign direct investment - as well as higher demand for Israeli exports - boosted GDP by 4.3%. |
Trade Fairs,
Exhibitions, Conferences: |
Jovella
Jovella is the most important trade fair for the Jewelry and Accessories industry in Israel.
Jovella is an Israeli event that offers both domestic and foreign visitors fresh designs and new spirit in jewelry in an artistic mesh of ultramodern and traditional art, east and west, ancient and modern. Contemporary Israeli design is well regarded in fashion and architecture. Now, a new generation of jewelry designers offers yet another showcase for this spirit of art in industry and industry of art.
Stier Group Exhibitions
Stier Group is Israel's leading trade fair organization.
Stier Group has initiated and developed a diverse series of exhibitions, some held annually, others bi-annually. They are widely held to be the leading events in their field, invariably well attended, maintaining both national importance and international interest. The majority of Stier Group events is either sponsored or in collaboration with government offices, The Israel Export & International Cooperation Institute, The Federation of Israeli Chambers of Commerce, foreign embassies and more, substantially contributing to the event' success and infuse both a national, public, business and scientific aspect to these events.
The Israel Trade Fairs and Convention Center
The Israel Trade Fairs and Convention Center has recently celebrated its 70th anniversary. Since it was established in 1932, as the"Exhibition of the East", the center has hosted more than one million visitors a year for the hundreds of exhibitions, events and professional symposiums, that have been patronized by the leading exhibitors in their fields who have chosen the Israel Trade Fairs and Convention Center as their storefront, for a wide range of areas of activity, such as technology, hi-tech, tourism, agriculture, business, trade, building, science, industry, health, the arts and others. |
|
|
|
