Israel, Canada Ink Energy Research Deal
Jerusalem, Ottawa add another tier to bilateral trade, scientific collaboration with agreement to develop renewable energy research projects
Canada and Israel signed a new energy cooperation agreement, Ynet has learned. The deal was inked during Canadian Natural Resources Minister Joe Oliver’s visit to Israel last week.
The agreement will allow Jerusalem and Ottawa to boost resource development ties and launch several renewable energy research projects.
The deal represents “tremendous opportunities for Canada and Israel to cooperate more closely on energy issues,” Canada’s Financial Post quoted Oliver as saying.
Oliver met with Water and Energy Minister Uzi Landau and the two discussed how Canada could help Israel develop its recently discovered massive oil and gas deposits.