Open AccessIsrael's Trade Alliances Strategy: Enjoying the Best of All Worlds
Author(s) -
Nellie Munin
Publication year - 2021
Publication title -
international journal of law and public administration
Language(s) - English
Resource type - Journals
eISSN - 2576-2192
pISSN - 2576-2184
DOI - 10.11114/ijlpa.v4i2.5409
Subject(s) - alliance , diversification (marketing strategy) , leverage (statistics) , politics , european union , general partnership , international trade , position (finance) , political science , political economy , economy , economics , business , law , finance , marketing , machine learning , computer science
This article revisits Israel's trade and political alliance with the European Union – its major trade partner. The article examines the position calling to water down Israel-EU trade relations, considering EU's insistence on linking economic benefits with political advancement in the region, insights gained by the COVID-19 pandemic and substantial recent regional developments: Israel's trade diversification policy, the conclusion of Abraham Accords and the discovery of gas in the Eastern Mediterranean basin. Concluding that such a strategy may not serve the parties' interests best, the article explores ways to leverage these developments to further enhance EU-Israel partnership.