The agreement covers observation, navigation, medicine and biology in space, advanced materials and launchings.

The Israel Space Agency and the Russian Federal Space Agency today signed a framework agreement in the Prime Minister's Office in Jerusalem.

The agreement, which was signed in the presence of Prime Minister Benjamin Netanyahu, enhances cooperation between the Israeli and Russian space agencies in the fields of space research, observation, navigation, medicine and biology in space, and research in advanced materials and launchings.

Minister of Science and Technology Daniel Hershkovitz and Russian Ambassador to Israel Pyotr Stegny, the directors of the respective space agencies, and space experts from both countries also attended the signing.

Netanyahu said that the combination of Russia's developed industry and Israel's developed, focused and sophisticated industry would provide major benefits to both countries, and added that today's agreement reflects the impressive development in bilateral relations.