Affirms that the U.S.-Israel economic partnership has benefitted both countries and is a foundational component of the strong alliance. Recognizes that science and technology innovation present new frontiers for U.S.-Israel economic cooperation, particularly in light of widespread drought, cybersecurity attacks, and other major challenges impacting the United States. Encourages the Administration to expand forums of economic dialogue with Israel. Supports the exploration of new agreements with Israel, including in the fields of energy, water, agriculture, medicine, neurotechnology and cybersecurity.
Editorial Explainer
This resolution affirms the economic partnership between the US and Israel, noting benefits to both countries. It encourages the Biden administration to expand economic dialogue with Israel and explore new trade or cooperation agreements in areas like energy, water, agriculture, medicine, neurotechnology, and cybersecurity.
Why it matters
This is a non-binding resolution that signals congressional support for deepening US-Israel economic ties across multiple sectors. Such resolutions can build momentum for future trade deals or preferential economic arrangements without requiring appropriations.