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Chairman Lyu Led a Delegation to Israel to Expand Business Opportunities for Bilateral Technology and Startup Collaboration

2025/12/12

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Mr. Joseph Jye-Cherng Lyu, Chairman of CIECA, Taiwan led the "2025 Israel Economic and Trade Delegation" to visit Israel on December 12- 19, 2025. The delegation was composed of representatives from various Taiwanese enterprises with the aim of gaining, through on-site visits, deep insights into Israel's dynamics of high-tech industry and innovation ecosystem. The delegation's first stop was a visit to the Federation of Israeli Chambers of Commerce (FICC) on the morning of December 14. Chairman Lyu and FICC Vice President Ms. Israela Stier signed a Memorandum of Understanding (MOU) to strengthen bilateral cooperation, which was witnessed by Ms. Abby Ya-Ping Lee, Representative of the Taipei Economic and Cultural Office in Tel Aviv. In the afternoon, the group visited Grove Ventures to discuss Israel’s entrepreneurial resilience and latest technology investment trends. On December 15, the delegation visited Check Point Software Technologies, a global leading company in cybersecurity, to learn about the network security in defense technologies. This was followed by a trip to Jerusalem to meet with the venture capital giant, OurCrowd to understand their strategic layout in the startup ecosystem. In the evening, the delegation visited the Ministry of Finance to exchange views with Mr. Ophir Gore, Senior Deputy Chief Economist for International Affairs on digital assets and macroeconomic policies. On the morning of December 16, the group visited the Israel Innovation Authority (IIA) to explore ways to enhance bilateral R&D cooperation. In the afternoon, they proceeded to the Bank of Israel headquarters, where they were received by Dr. Adi Brender, Head of the Research Department. The delegation concluded that day with a visit to the Gershon FinTech Center at the Hebrew University of Jerusalem in familiarizing Israel’s latest academic research and industrial applications in financial technology. On December 17, the delegation visited the Israeli office of Winbond Electronics in Herzliya, a showcase of a Taiwanese tech firm’s successful investment in Israel. They were received by Winbond’s Chairman Arthur Yu-Cheng Chiao in person. In the afternoon, CIECA signed an MOU with the Israel Export Institute (IEI), followed by a networking session focused on discussing aerospace, drone technology, and water technologies. This mission featured a diverse and professional itinerary, largely facilitated by the Israel Economic & Trade Mission in Taipei. Through on-site visits and high-level dialogues across government, industry, and academia, the mission not only solidified Taiwan-Israel economic partnership but also created significant room for future industrial collaboration

CIECA Chairman Joseph Jye-Cherng Lyu (second from left) signed an MOU with FICC Vice President Israela Stier (second from right) and witnessed by Representative Abby Ya-Ping Lee (first from left) and FICC CEO Gilit Rubinstein (first from right).

An MOU signed by CIECA and IEI at the Israel Export Institute. Pictured: Chairman Joseph Jye-Cherng Lyu (second from left), IEI CEO Ms. Nili Shalev (third from left), CIECA Israel Committee Chairman Mr. Chien-Hsin Chen (first from left), Representative Abby Ya-Ping Lee (second from right), and IEI Deputy Director General Ms. Sabine Segal (first from right).

High-level Dialogue at Grove Ventures: Chairman Joseph Jye-Cherng Lyu (right) met with Mr. Dov Moran (left), Managing Partner of Grove Ventures and the inventor of the USB flash drive, to discuss investment trends.

Chairman Lyu and the delegation visited the Check Point, a Cybersecurity company to gain insights into Israel’s leading cybersecurity defense technologies.

The delegation visited OurCrowd’s Jerusalem headquarters where a networking party hosted by Partner Mr. Ely Razin (fifth from left) was held for learning more about global equity crowdfunding models.

The delegation led by CIECA Chairman Joseph Jye-Cherng Lyu (fourth from right) visited the Israel office of Winbond Electronics in Herzliya. They were received by Chairman Arthur Yu-Cheng Chiao (fifth from right) and later toured the Nuvoton R&D facilities.

The delegation met with Mr. Ophir Gore, Senior Deputy Chief Economist for International Affairs, Ministry of Finance (fifth from left) to discuss macroeconomic policies and digital assets.

The delegation held a strategic discussion at Israel Innovation Authority with Mr. Avi Luvton (fifth from left), Senior Director for Asia Pacific Operations at IIA, exploring bilateral R&D collaboration mechanisms.

Mr. Chien-Hsin Chen (left), Chairman of the CIECA’s Israel Committee, presented a gift to Dr. Adi Brender (right), Head of the Research Department at the Bank of Israel.

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