Israel Woos Walmart With a Promise of Eased ‘Regulatory Burdens’ to Open Retail Store in Israel

JTA
8
281
Walmart (WIkipedia Commons)
Israel appears to be wooing Walmart.

Prime Minister Benjamin Netanyahu spoke to senior Walmart Inc. executive John Furner at a meeting on the sidelines of the World Economic Forum last month in Davos, Switzerland, Bloomberg reported, citing Netanyahu’s economic adviser Avi Simhon.

Netanyahu and Furner reportedly discussed the idea of Walmart opening a retail branch in Israel and also of the company investing in Israeli technologies, Simhon told Bloomberg.

Simhon, who was present at the meeting, said Netanyahu offered to “ease regulatory burdens wherever possible to make the market more accessible to them.”

In November, reports surfaced that Amazon was in talks to lease at least 270,000 square feet of warehouses to set up a retail shipping center in Israel, and also had plans to launch a targeted website for Israeli consumers.

8 COMMENTS

  1. Howdy! This article could not be written any better! Looking at this post reminds me of my previous roommate!
    He constantly kept preaching about this. I most certainly
    will send this post to him. Pretty sure he’ll have
    a great read. I appreciate you for sharing!

  2. Having read this I believed it was really enlightening.
    I appreciate you spending some time and effort to put this article together.
    I once again find myself spending way too much time both reading and leaving comments.
    But so what, it was still worth it!

  3. I blog frequently and I genuinely thank you for your information. The
    article has really peaked my interest. I will book mark your website and
    keep checking for new information about once a week. I opted
    in for your Feed too.

LEAVE A REPLY

Please enter your comment!
Please enter your name here