U.S. President and Israeli Prime Minister announced the beginning of a new high-level strategic dialogue on technology, whose goal is to establish the U.S.-Israeli technology partnership.

It is noted that the dialogue will also strengthen existing cooperation mechanisms.

"The United States-Israel relationship reflects our shared values and interests and the true friendship between our peoples. We pledge to boost our mutual innovation ecosystems, to deepen bilateral engagements, advance and protect critical and emerging technologies in accordance with our national interests, democratic principles and human rights, and to address geostrategic challenges," the statement said.