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Article: ISRAEL: ISRAEL, PA TRADE SHRINKS BY 44%.(Palestinian Authority)(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- November 7, 2002
CopyrightCOPYRIGHT 2002 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Officially reported trade between Israel and the Palestinian Authority (PA) has fallen from NIS 10.4 billion at 2002 prices to a projected NIS 5.8 billion in 2002, a 44% drop, Globes reported. According to the forecasts, Israel will export NIS 4.69 billion of goods to the PA in 2002 and import NIS 1.13 billion. Unreported trade (illegal and trade along the seam line) fell by an estimated NIS 2 billion. These figures were reported at a press conference held on Tuesday by the Israel Defense Forces (IDF) coordination command for government activities in ...