As Israel approaches elections later this yr, it’s truthful to imagine that even the good political survivor, Prime Minister Benjamin Netanyahu, is nearer to the top than the start of his profession. One politician who is commonly seen as a possible successor from inside his Likud get together is Nir Barkat, a tech millionaire who served as Jerusalem’s mayor for a decade. Barkat, presently the nation’s minister of economic system and trade, has beforehand declared his intention to vie for his get together’s management.
I sat down with Barkat for a dialog on the sidelines of the World Financial Discussion board in Davos, Switzerland. What follows here’s a flippantly edited and condensed transcript.
Ravi Agrawal: Let’s begin with Gaza. For the reason that cease-fire deal in October, a whole bunch of Palestinians have been killed. Are you aware why?
Nir Barkat: I don’t know what data you’re getting, however the Israeli safety forces are securing Israel. And if anyone tries to problem them, they’re risking their life. There have been quite a lot of frictions, primarily of terrorists that attempted to hit Israelis. Quite a lot of Israelis had been wounded and killed as nicely.
RA: The quantity that I’ve heard cited is greater than 450 folks, and UNICEF says that greater than 100 of them had been youngsters.
NB: The minute that the management of Gaza will resolve to depart their weapons, demilitarize, deradicalize themselves, and search to do peace with Israel, they’ll discover a good accomplice.
RA: You’re saying the cease-fire wasn’t ample?
NB: I don’t know the place you’re getting your data. That’s not the knowledge I do know, however the level of the matter is it is determined by the native management in Gaza. The minute that you just’ll have peace-seeking folks, we may have peace with them. And so long as they threaten Israel, we are going to know the right way to defend ourselves.
RA: Look, I believe what Hamas did on Oct. 7 was terrible, evil, and must be condemned. However the New York Instances is reporting that Israel has destroyed greater than 2,500 constructions in Gaza because the cease-fire, and even some Israelis are saying that it’s an “absolute destruction” of entire neighborhoods. Why was that vital?
NB: We left Gaza over 15 years in the past. And everybody needed to see Gaza develop into the Singapore of the Center East. All of the vitality that Hamas needed to create infrastructure—they embedded terror infrastructure as a part of the civil infrastructure. You see all of the tunnels connecting underground, all getting ready to assault Israel, to launch missiles. The one strategy to take all that infrastructure away is to take away it. And the folks of Gaza should resolve. If they permit terrorists to construct terror infrastructure beneath their properties, we are going to take that aside.
No person on the planet has confronted such a terror regime. They don’t care about their very own lives, they don’t care if folks die, they disguise behind the civilians, which poses to Israel an enormous, huge, main problem.
RA: However the query all the time comes again to this: At what price are you restoring safety? As a result of we’re at a degree now the place a lot of the world now’s calling this a genocide.
NB: Which is nonsense. We completely disagree. The info are mistaken. And we’re completely dedicated to safe our folks. We’re completely dedicated to take aside—by the best way, over 50, 60, 80 nations are signed on the initiative of U.S. President Donald Trump.
RA: I used to be going to ask you about that. What do you make of his Board for Peace?
NB: I’m pleased and I need to thank President Trump for this initiative. In lots of, some ways, it’s balancing or an alternative choice to the U.N., which is completely dysfunctional all through the a long time. And hopefully this may assist us give the umbrella for creating peace within the area. I needed to emphasise once more, it is determined by the folks of Gaza. In the event that they proceed looking for to have one other Oct. 7, which sadly Hamas does, then we are going to be certain we disarm them and exchange their management. We’ll by no means, ever once more enable jihadi management like Hamas to threaten Israel. We’ll eradicate that risk.
RA: How do you are feeling about somebody like Russian President Vladimir Putin being invited to be on Trump’s Board for Peace?
NB: Anyone that wishes to hitch the initiative is welcome. Now we have some reservations about a few of the nations in that we’ll by no means enable them to have a foothold in Gaza—some are adversaries to Israel in some ways. However to have an alternate group of nations, an alternative choice to the U.N., led by President Trump? I believe he’s doing a superb job, and we’re supportive.
RA: When Trump introduced the beginning of section 2, there have been reviews that Prime Minister Benjamin Netanyahu’s workplace opposed a few of these plans, nevertheless it appears like now they’ve come round. Can you inform us what occurred there?
NB: Properly, primarily we would like our hero, Ran Gvili, again residence. He’s nonetheless underneath the siege of Hamas. We wish [his remains] again. That’s a part of the primary stage of the settlement.
The second factor is that we need to see a plan of dismantlement of the arms of Hamas. And we need to make it possible for Hamas and comparable folks to them is not going to proceed main Gaza, as a result of we all know their intention and we are going to by no means enable them to rearm or regroup or re-prepare for one more Oct. 7.
RA: President Trump has urged your president, President [Isaac] Herzog, to pardon Prime Minister Netanyahu. Do you will have an opinion on whether or not that ought to occur?
NB: Positive. I’ve expressed publicly many occasions earlier than that it’s form of very awkward that in occasions of conflict—Prime Minister Netanyahu is doing an outstanding job main Israel—you’ve obtained to free him from his trial duties, postpone the whole lot, and even cancel it. And that’s my view, and it’s not modified.
RA: I need to discuss U.S.-Israel relations. The American inhabitants has shifted in its notion of Israel. Polls present that assist for Israel has declined, particularly amongst youthful folks and in addition Democrats. How frightened are you about that?
NB: We view the US as the perfect accomplice for Israel, due to values and due to our relationship and plenty of historic causes. And we’ve got to make a serious effort to be bipartisan in the US. Now we have loads in frequent, and that’s a purpose that we’ve got concentrate on.
RA: There are negotiations for the following 10-year tranche of U.S. navy assist to Israel. Are you assured that the Trump administration will renew the help bundle?
NB: Prime Minister Netanyahu stated that he’s prepared to, within the subsequent decade, cut back the help to Israel in a 10-year course of to zero. I assist that. I believe it’s the best transfer. Making Israel assume extra independently is the best factor for us. And we need to ultimately, after a course of, to look the People within the eye and say, “Thanks for the massive assist you’ve given us all through the years, and we’re now impartial.” It’s good for either side.
RA: Does this have something to do with U.S. tariffs?
NB: No.
RA: As a result of I do know they’re at 15 p.c on Israel proper now. And a whole lot of nations are placing their very own offers: The European Union with Mercosur and with India, for instance. Are you doing one thing like that, too?
NB: It has nothing to do with it. Naturally, we’d favor no tariffs. However as soon as the US selected tariffs, we need to have the perfect deal potential with them. And we’re collaborating with the People. We may have the minimal primarily based on the tariffs that President Trump selected. It doesn’t embrace providers, and nearly all of what we export is providers. And anyway, we’re now trying to develop our focus to India and to different nations in Asia. After which perhaps the following factor could be to have a look at Africa.
RA: Purely in financial phrases, that makes a whole lot of sense, however as I used to be saying earlier, there are all these rising boycotts of Israeli tutorial establishments. There are proposals from the Netherlands, Spain, Belgium, Eire, and others to ban imports from settlements. When it comes to smooth energy, Israel goes via a troublesome second. As I discussed earlier, a whole lot of nations imagine that Israel has dedicated genocide. You’re the minister for the economic system and trade; isn’t all of that getting in the best way of enterprise now?
NB: Israel didn’t commit any genocide. It’s nonsense. And folks have to know that democracies should defend themselves. Only a few folks on the planet needed to be challenged by such a jihadi group. And I’m telling you, beneath the radar, all nations, nearly all of the nations, search to study from our expertise, each by way of defensive and offensive instruments and values. We had been caught with our pants down on Oct. 7, an enormous blow. We recovered actually shortly. For those who have a look at the evil axis, beginning with Iran, Hezbollah in Lebanon, Hamas in Gaza, and different locations, in fact, the world is this in a tremendous method and seeks to study from our expertise.
RA: However my level is that there are sufficient nations which are very involved about what Israel’s completed. I get that you just don’t need to name it a genocide…
NB: It’s not genocide.
RA: However the nations that imagine it’s, and that face a whole lot of public stress to chop off ties with Israel, is that not hurting the economic system?
NB: Properly, I believe it’s going to harm them. And what I’ve discovered all through my enterprise profession is that if, let’s say a particular nation in Europe is stuttering with Israel, high-quality. We all know the place we’re needed, and we’ll do higher enterprise in locations that need us. We all know the right way to bypass any impediment. Have a look at Turkey for instance. In the course of the conflict, virtually two years in the past, they determined to cease buying and selling with Israel. Guess what occurred? We discovered different routes and the nation that suffered essentially the most is Turkey itself as a result of Israeli entrepreneurs had been very versatile of their pondering. You recognize, like water, we all know the right way to bypass all obstacles. And ultimately, we’re very happy with what we do. We’re happy with the standard of merchandise we are able to produce, and anyone that challenges us, ultimately we’ll know the right way to both bypass or get to the identical place via different means.

