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1995 |
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A new bi-national
U.S.-Israel Science & Technology Commission
is organized. Israel and the U.S. have jointly
cooperated in nearly 3,000 binational research
and development projects involving more than 2,500
U.S. scientists, generating more than $1.5 billion
in value and creating thousands of jobs for American
workers.
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| Major U.S. corporations
expand their interests in Israel establishing and
buying facilities, plants, retail operations and
co-ventures. In the late 1990s, Israeli firms begin
to buy U.S. companies to expand their business in
North America. |
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The U.S.
Congress passes legislation recognizing Jerusalem
as Israel’s capital and calling for the American
embassy to be relocated from its present site
in Tel Aviv, to a site in Jerusalem.
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U.S. President
Clinton leads a large U.S. delegation to the funeral
of slain Israeli Prime Minister Yitzak Rabin. |
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