Monday, March 14, 2016
On 17th March Tel Aviv’s City Hall will briefly turn green as part of the Global Greening Initiative to celebrate St. Patrick’s Day. 2016 will mark the first time an historic landmark in Israel will join other countries in this long standing international tradition. A key purpose of the initiative is to highlight the huge potential that exists for developing Irish-Israeli relations across a number of economic sectors.
There is already a real appreciation in Ireland for Israel’s achievements. The campaign to have a direct flight between Dublin and Tel Aviv launched by the Ireland-Israel Business Network has gained widespread backing among businesses big and small.
Israel is a hotbed of innovation and Tel Aviv is the original Start-Up City with about 5,000 start-ups. Dublin is now one of Europe’s most vibrant tech ecosystems with about 2,500 starts ups of its own – many of these are local Irish start-ups whilst others have located into Ireland looking to leverage from the talent pool in Ireland and also looking for investment.
The dark and difficult days of recession and mourning the death of the ‘Celtic Tiger’ are now over. In the words of Angela Merkel, the German chancellor, Ireland is an “outstanding example” of a country that has survived and come out the other end. As Israeli firms already doing business there have found out over the years, Ireland has always offered a very supportive regulatory environment for those entering the market.
Philip Lee is the first Irish law firm to have a dedicated Israel desk with a team fluent in Hebrew. It was established to advise Israeli companies on all aspects of Irish law in relation to locating in Ireland and scaling business internationally.
Lawyers from firm Philip Lee will travel with representatives from IDA, the Ireland Israel Business Network and Baker Tilly to attend three separate events in Tel Aviv next week. Working together, they have organised two industry meetings for MedTech and Hi-Tech companies with an interest in Ireland. A large cultural event hosted by the Irish Embassy on Thursday, 17th March will be attended by over 1,000 people.
The bottom line is that there is a great hunger in Ireland for building up ties with Israel. On this St. Patrick’s Day, as Tel Aviv’s City Hall goes green, we should all raise a glass to that.