Israel and the USA signed a mutual recognition agreement that will ease burdens on US and Israeli companies seeking to export telecommunications products to each other. E.g. product tests performed in one country will satisfy the regulations of the other. This should lower prices and boost exports.
http://itrade.gov.il/us-dc/2012/10/17/israel-and-the-us-sign-a-mutual-recognition-agreement-in-telecommunication-products/