§ Ms Walley
To ask the Secretary of State for Trade and Industry if she will set up a joint working group of1202W
each country is contributing £7.75 million over five years. The objectives are to encourage and support alliances between private sector businesses in the UK and Israel, for joint industrial research and development and subsequent joint management and marketing of new products. To date, 12 projects, each involving one UK and one Israeli company have been approved and £4.74 million have been committed. Of these, 4 projects are in the area of biotechnology and £1.71 million have been committed. Project proposals are presented to the Britech Board for approval and details of the location of the participants are included. The Britech Chief Executive advises the Board of potentially sensitive projects. No projects are located in settlements in the West Bank or Gaza.