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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Mar 21, 2017.
Affirms that the U.S.-Israel economic partnership has benefitted both countries and is a foundational component of the strong alliance.
Recognizes that science and technology innovation present promising new frontiers for U.S.-Israel economic cooperation, particularly in light of widespread drought, cybersecurity attacks, and other major challenges impacting the United States.
Encourages the President to regularize and expand forums of economic dialogue with Israel and foster public and private sector participation.
Supports the exploration of new agreements with Israel, including in the fields of energy, water, agriculture, medicine, neurotechnology, and cybersecurity.