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ISRAEL TO SELL CHINA $300MLN IN WATER TECH

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Monday, March 19th, 2012

Israel on Wednesday signed a deal to sell China water technology valued at $300 million for use in the agriculture sector.

“Economic relations between the two countries are increasing and growing rapidly to our satisfaction and we intend to take further steps to reinforce this trend,” the Chinese Minister of Finance Xie Xuren said at the signing ceremony.

The statement also said officials from the two countries had discussed possible natural gas exports by Israel to China and that Chinese Finance Minister Xie . Xuren said “talks would begin soon.”