The European Union has finalised an agreement to allow Israel to join its ‘Horizon Europe’ program, the largest research and innovation program in the world.

Horizon has allocated 95.5 billion euros (£80 billion) for grants to participating countries between 2021 and 2027 and the move enables to Israel bid for these grants.

Israel has previously received grants from Horizon. In 2020, Israel, the UK and Switzerland, none of whom are part of the EU, received the most money from the group. This led to changes to the way non-EU countries participated in Horizon moving forward but still proves to be a financial benefit to them being involved.

However, Maya Sion-Tzidkiyahu, director of the program on Israel-Europe relations, stressed that the money side does not capture the program’s strategic importance for Israel.

“The added value of joining the program is crucial for Israel’s economy, and in the case of quantum computing, we can also talk about national security. The monetary return is a bonus, not the goal,” Sion-Tzidkiyahu said.

Israel’s Foreign Minister Yair Lapid said that joining the Horizon program “situates Israel as a central player in the largest and most important R&D program in the world.”

He added that the agreement is part of “the statecraft of connections, by drawing closer not only to the EU, but also to the European countries, and by connecting the science and technology sector in Israel with its counterparts on the continent.”

The EU said in a statement: “In return to giving Israel access to a vast international research network, the European Research Area has benefited from Israel’s high levels of excellence as well as outstanding innovation capacity.”

The EU noted that joint projects with Israel have led to breakthroughs in climate change, public health, and safe transportation.

Subscribe to start receiving FREE TORCH magazines from CUFI UK

Related Articles:

The Church of England has turned against Israel and Christian Zionists

The Church of England has chosen to give legitimacy to documents that demonise Israel and attack Christians who stand with the Jewish State. Kairos Palestine documents attack Christian Zionism,...

UK government finally proscribes Iran’s IRGC terror group

The UK government has finally proscribed Iran’s IRGC terror organisation.  This week, Home Secretary Shabana Mahmood announced Iran's Islamic Revolutionary Guard Corps (IRGC) will be designated a...

There’s something you need to know about Israel’s help in Venezuela

Israel is helping Venezuela after a devastating earthquake despite having no formal diplomatic relations with the country. It is a powerful reminder that Israel is a blessing to the world. Israeli...

A Holy Land without Israel?

Archbishop Sarah Mullally's pilgrimage to the "Holy Land" appeared to overlook the Jewish people’s Biblical, historical and present-day connection to the Land. The Archbishop rightly showed concern...

America owes its existence to the land of Israel

A common phrase we have been hearing from President Donald Trump in the last few weeks is that Israel would not exist if it wasn't for him. "Without me, there would be no Israel - because no other...