Economy ministers from Israel and Austria signed an agreement between the two countries to accelerate business and entrepreneurial cooperation on Wednesday.
"In order to preserve Israel as a leader in international innovation, resources are invested in the development of human and technological creativity, and the signing of the agreement is another important step," Ministry of Economy and Industry Eli Cohen said as he signed the framework to establish the "Innovation Forum" between the two countries.
Cohen also met with Austrian President Alexander Van der Bellen along with the Economy Minister Margarete Schramböck and Education Minister Education Heinz Faßmann.