All this frantic Israeli search for "safer" markets is based on myths and faulty reasoning. The REALITY is, Israel produces nothing that Asians can not produce for themselves for lower cost. Nothing Israel produces is unique, no matter how much Israelis think it is. As for the so-called "luxury" market, that is very very small, very competitive and very fickle (trends change rapidly). Instead of searching the globe for people that will buy stuff from Israel and ignore its many political problems, Israel should be trying to solve its political problems and strengthen its traditional trade relationships. Asia will in no way replace Europe. Many years ago American companies turned to Asia with high hope of huge profits. What they have discovered is that while the market is huge, they are not competitive with existing local companies. For example, Xiaomi (China) and Samsung (Korea) now completely control the Asian cell phone market with Apple (USA), Nokia (Europe), Blackberry (Canada) and other non-Asian companies losing market share by the day. Asia will NOT "save" the Israeli economy.

Israel's economic powers. Israel is worldwide the #2 in high tech. It has also one of the world's d highest percentage of college graduates. Israel has incredible innovations in high tech, medicine, agriculture and so many other fields that it will easily replace for a greater part the European trade moving into the Asian markets. So does currently Russia. They will also make up for the loss of the European markets. The Europeans will be in medium and long term become the looser in all shapes and forms. Israel's ingenuity, flexibility and wisdom however will the Jewish State make stronger. Europe will be further flooded with unskilled workers, hordes of Muslims including refugees, Islamic Jihadists, they will suffer with the loss of the Euro value and a huge brain drain. In the end, Israel and Russia will come out as the winners.

you are very misinformed about what israel has to offer. you also seem to think that japanese prime minsiter abe knows not what he is doing.

First of all Israel is very, very far down the list of high-tech countries with the US, Japan, Germany, China and most of the rest of the world ahead of it. In virtually every product category, Israel is an "also ran,"but few Israelis seem to know enough about the rest of the world to actually understand this. Israelis have bought into their own myths instead of understanding the cultures of the rest of the world, some of which are OLDER that the Jewish culture. As for Russia as a market, it is smaller than Europe or the USA. All of this REAL WORLD economic and business data is readily available to any Israeli that actually wants to know the TRUTH. I have done business in Asia for over 20 years and I am well aware just how much Israel is NOT going to achieve. You can mock me all you want, but the smarter Israelis will maybe re-think the myths.