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Israel, Arkansas sign economic trade agreement

Arkansas Governor Asa Hutchinson announced his state’s newly formed economic pact with Israel.

Officials from Arkansas and Israel signed a Memorandum of Understanding solidifying an agreement to promote a partnership in the areas of technology and research and development in business and education.

In a statement released on Tuesday, Hutchinson called the pact a “mutually beneficial partnership,” adding that it “builds on the momentum we have created for the past eight years to develop a tech-based workforce that can meet the needs of a 21st-century economy. In addition, this agreement allows us to strengthen our relationship with a critical ally to the United States.”

He added that “it’s going to make a big difference in the future of mobility and how quickly we can improve our supply chains.”

Read More: Israel Hayom