Yes, Israel is involved in various business dealings with the Vatican, ranging from diplomatic and political engagements to more covert operations. Here are some key aspects of their business involvement:
Diplomatic Relations and Agreements
Formal diplomatic relations between the Holy See and Israel were established on December 30, 1993, following the adoption of a “Fundamental Agreement” between the two states. This agreement led to the opening of a Vatican nunciature in Israel and an Israeli embassy in Rome on January 19, 1994. These diplomatic ties facilitate various forms of business and political dialogue between the two entities.
Economic and Financial Ties
The Vatican’s economic activities, including its investments and financial dealings, sometimes intersect with Israeli interests. The Vatican City issues its own coins and stamps, and it has a specialized economic body, the Vatican Chamber of Trade, which oversees ethical commercial initiatives and trade relations. While not directly mentioned, these economic activities can involve Israeli partners or investments.
Controversial Business Dealings
There have been instances where Israeli intelligence and the Vatican have been implicated in controversial business dealings. For example, the Vatican was involved with a Milan-based private detective firm that was accused of hacking information on thousands of people, including politicians and entrepreneurs. This firm allegedly worked for Israeli intelligence, indicating a level of cooperation and shared interests between the two entities.
Political and Strategic Partnerships
The Vatican and Israel have strategic partnerships that go beyond religious diplomacy. For instance, Israel’s ambassador to the Holy See has discussed strategic issues with the Vatican, including Israel’s attacks on Iran’s nuclear and ballistic missile programs. These discussions highlight the strategic and political dimensions of their business dealings.
Property and Tax Disputes
One of the ongoing issues between the Vatican and Israel pertains to property rights and tax exemptions for the Church in Israel. These disputes indicate that there are significant business interests at stake, including the management of church properties and financial agreements between the two states.
In conclusion, Israel and the Vatican are involved in a range of business activities, from diplomatic and political engagements to more covert and strategic partnerships. These interactions highlight the complex and multifaceted relationship between the two entities, which goes beyond religious diplomacy to include economic, financial, and strategic interests.
