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.
Today, the Alliance for Chemical Distribution (ACD) welcomed 666 members and industry leaders for its highly anticipated 2024 Annual Meeting held in La Quinta, California.
View ArticleThe National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said today.
View ArticleDonald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates.
View ArticleIndustry updates and weekly newsletter direct to your inbox!