Israel, Palestinian authority resolve agricultural export battle
by Bloomberg Feb 20, 2020
Israel and the Palestinian Authority have resolved a spat over agricultural exports, ending the biggest trade showdown ever between the regional powerhouse and the tiny economy.
The Palestinian Authority, which has been banning the import of calves from Israel, said restrictions were lifted. Israel in turn will lift the ban on Palestinian agricultural exports it imposed in response, Israel’s Defense Minister Naftali Bennett said.
The Palestinian Authority imposed the ban as part of its strategy to divorce its economy from Israel’s. The move sparked a crisis among Israeli cattle breeders, who rely heavily on Palestinian buyers.
Bloomberg
© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).
Similar Stories
CBP Senior Official performing duties of Commissioner delivers trade advisory committee opening remarks
The Commercial Customs Operations Advisory Committee (COAC) held the fourth public meeting of its’17th Term Dec. 11 in Washington, DC. Troy A. Miller, U.S. Customs and Border Protection (CBP) Senior…
View ArticlePreliminary U.S. imports for consumption of steel products November 2024
The U.S. Census Bureau announced today that preliminary November steel imports were $2.3 billion (1.9 million metric tons) compared to the preliminary October totals of $2.5 billion (2.2 million metric…
View ArticleS&P Global: Triborough Bridge and Tunnel Authority, NY Series 2025A revenue bonds assigned ‘A+’ rating; outlook stable
S&P Global Ratings assigned its 'A+' long-term rating to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s proposed $1.3 billion (Metropolitan Transportation Authority [MTA] Bridges and Tunnels) real estate transfer…
View ArticleBiden-Harris Administration Announces CHIPS Incentives Award with SK hynix
CHIPS investment establishes a research hub in Indiana and brings next generation HBM and advanced packaging R&D to the U.S.
View ArticleBiden-Harris Administration announces CHIPS incentives awards with GlobalWafers to support domestic production of silicon wafers
Awards will establish the first domestic source of 300mm silicon wafers for advanced chips and expand production of 300mm silicon-on-insulator wafers
View ArticleUnited Nations Convention on negotiable cargo documents pilot projects
Since 2022, Working Group VI of the United Nations Commission on International Trade Law (UNCITRAL), a subsidiary organ of the UN General Assembly, has been developing a new international convention…
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
