China intends to establish with Israel Free Trade Area

Almaty. March 18. Silkroadnews - China and Israel in 2015 will start negotiations on a free trade zone, said the agency "Xinhua".
"This year we will start negotiations with Israel and we hope to sign an agreement on free trade area (FTA). Israel - one of the most important economic and trade partners of China in the Middle East and among countries along initiated by China economic zone of the Silk Road and Maritime Silk Road of the 21st century",- said the spokesman of the Ministry of Commerce Shen Danyang at a press conference in Beijing .
According to him, already completed a feasibility study of the FTA, "with a positive conclusion".
As suggested by the representative of the trade department, the creation of such a zone would raise economic and trade cooperation between the two countries to a new level.
Today, China is the third largest trading partner of Israel and the largest - in Asia.