I will lead the Australian delegation to the Australia Israel UK Leadership Dialogue this weekend.

Australia and Israel enjoy a deep friendship, underpinned by historical ties and shared values, reinforced by the contribution of our Jewish community to Australia's social, cultural and economic profile. The Dialogue will be an opportunity to reaffirm these ties and discuss our common interests in peace and prosperity.

In addition to participating in the Dialogue, I look forward to holding bilateral meetings with senior Israeli Ministers.

Australia is keen to expand bilateral trade and economic links and cooperation with Israel, particularly on innovation and technology.

We are working on initiatives to strengthen the economic relationship, including the innovation 'Landing Pad' in Tel Aviv, treaties for cooperation on innovation, science and research and a double taxation agreement.

I will also visit the Palestinian Territories to meet Prime Minister Hamdallah and National Economy Minister Odeh to discuss the economic development of the Palestinian Territories and opportunities for bilateral economic links.

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