European Union Association Agreement
Trade between Sweden and Israel is since 1995 undertaken within the framework of the association agreement between the European Union and the State of Israel.
The main features of the agreement include regular political dialogue, provisions on freedom of establishment and liberalization of services, the free movement of capital and competition rules, the strengthening of economic co-operation on the widest possible basis and co-operation on social matters, supplemented by cultural co-operation. The Agreement reinforces the arrangements for free trade in industrial products which have been in force since the late 1970s.
Bilateral co-operation: Memorandum of Understanding on co-operation in the field of industrial research and development
In order to promote and increase technological exchange between high-tech industries in Israel and Sweden, the two governments signed in December 2000 an MOU on bilateral co-operation in the field of industrial research and development.
This agreement is implemented and supported through the Office of the Chief Scientist (OCS) at the Ministry of Industry and Trade in Jerusalem and VINNOVA, the Swedish Agency for Innovative Systems.