Identifier
Created
Classification
Origin
09TELAVIV1126
2009-05-20 12:45:00
UNCLASSIFIED
Embassy Tel Aviv
Cable title:  

BOI GOVERNOR FISCHER DISCUSSES UTILITY OF JEDG

Tags:  ECON EFIN IS 
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VZCZCXYZ0032
RR RUEHWEB

DE RUEHTV #1126 1401245
ZNR UUUUU ZZH
R 201245Z MAY 09
FM AMEMBASSY TEL AVIV
TO RUEATRS/DEPT OF TREASURY WASHDC
RUEHC/SECSTATE WASHDC 1913
UNCLAS TEL AVIV 001126

SIPDIS

E.O. 12958: N/A
TAGS: ECON EFIN IS
SUBJECT: BOI GOVERNOR FISCHER DISCUSSES UTILITY OF JEDG

In a May 18th meeting Bank of Israel Governor Stanley Fischer
discussed with EconCouns the future of the U.S.-Israel Joint
Economic Development Group (JEDG). Fischer viewed the JEDG
as a useful forum for the U.S. to express its views on
Israeli economic policy. He noted that the JEDG also
provided an opportunity for the bilateral exchange of views
on economic best practices. For these reasons, Fischer said
that the JEDG would be valuable even in the absence of the
current loan guarantees. In his opinion, the future JEDG
could look much like the bilateral economic forums that the
U.S. has with other countries, such as Egypt, or as an
economic parallel to the U.S. - Israel Defense Policy
Advisory Group (DPAG) engagement on military issues.

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