“People were talking about the mass exit from New York but economic prosperity is returning”

“People were talking about the mass exit from New York but economic prosperity is returning,” said Anat Katz, who serves as Economic Minister at the Israel Economic Mission to the USA - East Coast, which helps to strengthen and assist Israeli companies who are trying to expand into the U.S. market. Katz spoke during the Calcalist and LeumiTech Mind the Tech New York 2021 conference in Manhattan last week. “We try to help them form pacts with investors and facilitate the introduction, which is at the level of individual companies. We also help companies exhibit, and provide them with value-add services,” she explained. “We scout out the local contacts, and pre-arrange meetings for the Israeli companies at their exhibition booths.”

As to whether New York in particular has managed to bounce back from the of Covid lockdowns, Katz noted that people were “shocked to see the streets of New York and Times Square empty. People were calling it a mass exit, but I think that was a little bit premature. We’re seeing New York coming back strong, and one testament of that is this conference,” she said.

You can watch the full interview in the video above.