Czech and Israeli business to cooperate in seeking new markets

Czech and Israeli entrepreneurs have agreed to cooperate in finding new markets in Africa and Asia, according to the president of the Czech-Israeli Chamber of Commerce Pavel Smutný. Czech-Israeli business talks took place within President Miloš Zeman’s four-day state visit to Israel. Czech businesses, which export largely to EU member states, are seeking ways to diversify their interests and find new markets in Africa, Asia, China and India. They have criticized the former Czech government for closing down dozens of Czech embassies around the world in order to save money, saying the lack of representation was harming the country’s business interests.