Israel and E.C.
Update Agreement

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Brussels (JTA) — Israel last
week held a third round on
"exploratory informal talks"
here aimed at updating its
1975 cooperation agreement
with the European Com-
munity and enhancing rela-
tions in several sectors.
The talks were marked by
good will on the part of both
sides and a desire to come to
the best possible agreement,
a spokesman for Israel's
embassy to the European
Community told the Jewish
Telegraphic Agency.
Attending were represen-
tatives from various depart-
ments of the European
ExecutiVe Commission, as
well as from Israel's min-
istries of sciences and tech-
nology, industry, foreign
affairs, finance, agriculture
and from the Bank of Israel.

The E.C. is Israel's
most important
trading partner

Israel's delegation was led
by the ambassador to the
E.C., Mordechai Drori,
while the E.C. delegation
was headed by Eberhard
Rhein, director of the execu-
tive commission's division in
charge of Mediterranean
and Middle Eastern areas.
Discussions are scheduled
to continue between experts
at various levels, the Israeli
spokesman said.
According to well-
informed sources, the execu-
tive commission is expected
to receive a mandate next
summer from the E.C.
Council of Ministers to start
formal negotiations with
Israel on updating the 1975
accord and signing a new
one.
These negotiations could
start at the beginning of
1994.
It was at an informal
meeting in London in
September 1992 that E.C.
foreign ministers expressed
the wish to update the 1975
E.C. — Israel agreement, in
order to take into account
the new developments in
international relations, such
as the European Single
Market and the Treaty of
European Union.
The objectives of the origi-
nal 1975 accord were the
reciprocal abolition of trade
barriers and the establish-
ment of cooperation agree-
ments between the E.C. and
Israel.

ISRAEL AND E.C. page 36

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