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After Brexit, Israel Senses a Chance to Boost Trade with UK
(Guardian-UK) Mark Leftly - After talks in London last month, British Prime Minister Theresa May and Israel's prime minister, Benjamin Netanyahu, announced a joint working group charged with "preparing the ground" for a trade deal. The trade relationship between Israel and Britain is already worth 4.9 billion pounds. On Wednesday, Foreign Secretary Boris Johnson said in Jerusalem as he stood beside Netanyahu: "We are...building a global identity as a Britain that's coming out of the EU and we want to build on our trading partnership with you. We are the biggest European trading partner with Israel." The Israeli defense firm Elbit Systems is in a consortium that provides the UK Ministry of Defense with training aircraft and simulators. One in seven UK National Health Service drugs come from Israel. Britain, in effect, outsourced trade negotiations to European bureaucrats in the 1970s.