Exports during a crisis: How can we continue to execute large transactions with other countries?

Is there a branch in the domestic and global economy that was not affected by the acute corona crisis? It seems almost not. Each and every one of us, whether a private individual, a small business owner, a mid-sized company, or a giant company - are affected by the plague spread, many significantly. One of the questions that arises during these times, even here in Israel, is whether exports continue as usual and how?

The answer to this is complex: On the one hand, the restrictions imposed on most countries of the world at present have some effect on foreign trade, as we have become accustomed to it to this day; The ambition, however, is that long-term and wide-ranging deals, certainly with major states and government bodies, will continue in order during this period as well. After all, the desire is to maintain the level of economic activity as much as possible in the micro and certainly in the macro, too - in the big transactions. The key is to do it correctly.

"But, short-term transactions, which are directly affected by such a situation and where financing and credit insurance is mainly carried out by the private sector, should be distinguished from long-term transactions, primarily with states and government bodies, for periods of one to fifteen years," says Ben Eli And specifics: "These are big and complex deals that didn't start today, but a year or more ago and are in very advanced stages. That's why right now - and I stress, right now - we don't really see change. From our point of view, all parties continue to work normally, as before the crisis.