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Texas has announced a doubling of its investment in Israel bonds from approximately $140 million to $280 million, the largest one-time investment in these securities in state history. This increases Texas's ranking to the second-largest U.S. state investor in Israel bonds.

The investment signifies a robust partnership between Texas and Israel, which has existed since 1994. Additionally, Texas is establishing a State of Texas Israel Office in Jerusalem, its first international office in the Middle East, aimed at strengthening trade and innovation ties. Bilateral trade between Texas and Israel approaches $4 billion annually, encompassing sectors such as defense, energy, and cybersecurity.