Netanyahu: 'Israel must build an independent arms industry'

Netanyahu: 'Israel must build an independent arms industry'
PM Benjamin Netanyahu
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The Israeli PM stated that October 7 demonstrated that the country can't rely on other nations in that regard

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In a press conference, Prime Minister Benjamin Netanyahu outlined one of the main lessons that, according to him, Israel must draw from the October 7 terrorist attack: the need to consolidate an independent arms industry, capable of withstanding any attempt at embargo or international pressure.

Netanyahu clarified that his statements on Monday, in which he mentioned the implementation of an economy with autarkic features, were misinterpreted by some media outlets.

"The markets understood what I meant", he stated, emphasizing that the shekel remains strong and that the Israeli stock market has shown a performance superior even to the U.S. S&P index over the past year.

PM Benjamin Netanyahu
PM Benjamin Netanyahu

The prime minister maintained that, despite boycott campaigns and political pressure in the field of defense, Israel has achieved a remarkable increase in its military exports since the beginning of the war.

"In hi-tech and artificial intelligence, nobody does it better than Israel. In the defense industries, even under political attacks, our achievements speak for themselves," he stressed.

Netanyahu explained that his vision doesn't imply an abandonment of the free market, but rather a strategic adaptation to current threats.

"I'm a defender of the free market, but to survive we need to ensure the ability to produce what's necessary for our national security, especially regarding weaponry," he said.

Appealing to classical history, he compared the country's situation to that of the ancient Greek city-states: "We are Athens and Sparta, or perhaps a Super-Sparta. We have no other option."

The proposal includes reducing bureaucracy and facilitating foreign investment, while at the same time strengthening critical sectors linked to security. "The future belongs to those who innovate, and Israel is the nation of innovation," the leader concluded.


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