x

Israeli, Palestinian trade dispute winds down as both sides lift bans

Israeli Defence Minister, Naftali Bennett, on Thursday said that a ban on Palestinian agricultural exports has been lifted, meaning the end of a trade dispute that has lasted for months.
Bennett said the decision was made in response to the Palestinian Authority agreeing to lift a ban on importing Israeli-produced meat that drastically hurt Israeli cattle breeders.
The Palestinian Agriculture and Economy Ministries in Ramallah confirmed that the import of livestock from Israel had resumed.
Earlier, Israel had banned the export of Palestinian agricultural products in response to the Palestinian Government’s decision to expand its ban beyond calves and sheep and stop importing Israeli products including fruit juices and mineral water.
Israel controls the import and export of goods into and out of the Palestinian Territories, including along the border with Jordan.
According to the Israeli Globes business daily, Israeli exports to the Palestine in 2019 amounted to close to four billion dollars.
However, Palestine had in October declared that it would seek to disengage its economy from that of Israel amid absent peace negotiations.
The defused trade situation comes just weeks after U.S. President Donald Trump unveiled his Middle East plan which foresees Israel extending its sovereignty over 30 per cent of the occupied West Bank.
Palestinians reject the plan, fearing that it would recognize Israeli claims to parts of the West Bank that they were proposing for a future state.(dpa/NAN)

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

2025 Ballon d’Or: 3 PSG Stars Emerge as Top Contenders Ahead of Lamine Yamal, Raphinha

Paris Saint-Germain’s historic UEFA Champions League triumph has positioned...

Daniel Etim-Effiong Shares How Rejection Led Him to Marry His Wife, Toyosi

Nollywood actor Daniel Etim-Effiong has revealed that he married...

UNODC: Boko Haram Recruited 1,385 Children Between 2017 and 2019

The United Nations Office on Drugs and Crime (UNODC)...

Eid-el-Kabir: FG Declares Friday, Monday Public Holidays

The Federal Government has declared Friday, June 6, and...

JUNE 12 NASS JOINT SESSION WITH MR. PRESIDENT: AN AGENDA

BY PATRICK WEMAMBU Nigeria's 10th National Assembly comprising the Senate...

Top 10 Best-Performing Nigerian Stocks in May 2025

The Nigerian stock market saw a strong bullish run...

Ododo Tasks Officials on Grassroots Engagement, Local Patronage as Kogi Clears N98.8bn Debt

Noah Ocheni The Kogi State Executive Council has reaffirmed its...
spot_img

Related Articles

Popular Categories

spot_imgspot_img