Tom Krause, Fiscal Assistant Secretary U.S. Department of the Treasury | https://www.linkedin.com/in/thomas-h-krause/
U.S. Secretary of the Treasury Scott Bessent and Israeli Minister of Finance Bezalel Smotrich convened on March 5, 2025, to discuss the economic partnership between their respective countries. The meeting underscored a commitment to strengthening financial and trade ties.
Both officials emphasized the importance of enhancing economic cooperation and fostering innovation. They agreed that it is crucial to shape a strategic economic future that reinforces American global leadership while recognizing Israel as a key economic partner.
To advance shared interests, they decided to bolster dialogue mechanisms aimed at improving collaboration in areas such as economic policy, technology, and financial regulation. "As longstanding partners," they stated, "the United States and Israel recognize the vital role of their economic relationship in driving growth and prosperity for both nations."
The meeting was described as a significant step toward further solidifying U.S.-Israel economic relations. Both parties acknowledged the need for a coordinated approach to ensure that their partnership continues to be a source of resilience and mutual benefit.
Looking ahead, Bessent and Smotrich expressed optimism about ongoing collaboration in various policy areas to reinforce bilateral relations.
