LITTLE ROCK, Ark. (KNWA/KFTA) — Arkansas Gov. Sarah Huckabee Sanders signed a memorandum of understanding (MOU) between the Arkansas Economic Development Commission and Israel’s National Technological Innovation Authority, her office announced on Aug. 8.
The agreement, signed on Aug. 6, “recogniz[es] the longstanding friendship and shared values between the State of Arkansas and the State of Israel” and reflects the two entities’ shared commitment to “fostering research, development, [and] technological innovation,” according to a news release.
The non-binding MOU, which carries no legal or financial obligations for either party, will remain in effect for 10 years. Sanders signed the document during a trade mission to Israel’s capital, Jerusalem.
Under the agreement, Arkansas and Israel will “support and promote exchanges and visits by delegations and businesses between both entities” and facilitate the sharing of information, participation in economic development events and collaboration on research and development projects.
These projects aim to create “technologically innovative products or processes based on new innovative technologies to be commercialized in the global market,” according to the agreement.
“Implementation may include the organization of delegations, technical workshops, joint research initiatives and investment forums,” the memorandum continues.
The governor will make an economic development announcement at 2 p.m. Aug. 11 at the state Capitol, her office announcement. Whether that announcement is related to Sanders’ trip to Israel is unclear.
Sanders’ father, former Arkansas Gov. Mike Huckabee, currently serves as the U.S. ambassador to Israel.
(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)
