FOR BETTER OR FOR WORSE
Israel’s economic future depends on the consumption of its products in Europe (its largest trading partner), the United States and, more recently, the Far East. Whereas
exports to its Arab neighbors are small, Israel still has its reasons for wanting to bridge gaps and ease the political situation. Foreign direct investments will continue only when governments feel the environment is safe for those investments to thrive. That closely links security and commerce.
The controversial security barrier Israel erected through the West Bank to curb suicide bombings has received condemnation by the World Court and the European Union. However, since its erection, bombings have dropped substantially. People feel safer, which, in turn, is good for business.
Security is the backbone for the future of Israeli business, according to Ezra. For him, the recent withdrawal of Israeli settlements in the Gaza Strip shows that Israel is serious about initiating the peace process. As with any marriage, business relationships require compromises and sacrifices. "This is a demonstration that we mean business," he said. "It is a major price to pay in the long term, but we believe it will be worth it."
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