Britain and Israel agreed on an “in principle” post-Brexit trade deal at the World Economic Forum in Davos, Switzerland, on Wednesday afternoon.
International Trade Secretary Liam Fox made the announcement following discussions with Israel’s Minister of the Economy Eli Cohen.
Dr Fox said: “I’m delighted that as Britain prepares to leave the European Union, and to ensure continuity for our businesses in both directions, we’ve reached agreement in principle today with our colleagues in Israel.
“Israel has been one of the most cooperative and productive partners in this relationship, where our trade is already strong and set to go further,” he said, adding that it was a “precursor to an even more ambitious agreement in the future”.
