(Feb. 2, 2008) On January 14, 2008, a memorandum of understanding was signed by Eli Yishi, Israel's Industry, Trade, and Labor Minister, and Chen Deming, his Chinese counterpart. The memorandum is designed to boost research cooperation and trade in agriculture, telecommunications, and water technology between the two countries. The ministers agreed, among other measures, to set up working groups to explore the opening of research and development centers of Chinese companies in Israel, preferably with Chinese employees who speak Hebrew, many of whom are already in Israel.
An additional agreement was entered between Yishi and Chen Lei, the Chinese Minister of Water Resources. Under this second agreement, a joint working group would be established "[t]o assist China in building an infrastructure for the advanced management of water resources with the Israeli experience and technology." The group will meet twice a year, once in China and once in Israel, and will include government representatives, academics, experts in the field, and representatives of relevant industries. (Sharon Wrobel, Israel and China Sign Cooperation Accord, JERUSALEM POST ONLINE EDITION, Jan. 15, 2008, available at http://www.jpost.com/servlet/Satellite?cid=1200308088757&pagename=JPost/JPArticle