The EU and Israel have agreed to renew their science and technological cooperation. The move will give Israeli researchers, universities and companies full access to the EU's 7th Research Framework Program (FP7). Israeli researchers will also be able to receive funding on an equal footing with researchers from EU member states.
"Israel's association with the Framework Program has proven to be of mutual benefit for both sides over the last couple of years,” said EU Science and Research Commissioner Janez Potocnik. “Whereas the European Research Area will benefit from the renowned excellence of the Israeli research community, Israel will gain full access to the biggest research program in the world," he said during the signing ceremony in Brussels.