AIRLINK 190.95 Decreased By ▼ -3.88 (-1.99%)
BOP 9.79 Decreased By ▼ -0.02 (-0.2%)
CNERGY 7.83 Increased By ▲ 0.47 (6.39%)
FCCL 40.30 Increased By ▲ 1.72 (4.46%)
FFL 16.72 Increased By ▲ 0.27 (1.64%)
FLYNG 28.00 Increased By ▲ 0.46 (1.67%)
HUBC 132.30 Increased By ▲ 0.55 (0.42%)
HUMNL 13.85 Decreased By ▼ -0.01 (-0.07%)
KEL 4.60 Decreased By ▼ -0.06 (-1.29%)
KOSM 6.60 Decreased By ▼ -0.06 (-0.9%)
MLCF 47.15 Increased By ▲ 1.76 (3.88%)
OGDC 213.40 Decreased By ▼ -0.59 (-0.28%)
PACE 6.87 Increased By ▲ 0.01 (0.15%)
PAEL 40.30 Increased By ▲ 0.24 (0.6%)
PIAHCLA 17.16 Increased By ▲ 0.37 (2.2%)
PIBTL 8.40 Increased By ▲ 0.08 (0.96%)
POWER 9.60 Increased By ▲ 0.17 (1.8%)
PPL 181.39 Decreased By ▼ -0.80 (-0.44%)
PRL 41.72 Decreased By ▼ -0.11 (-0.26%)
PTC 24.72 Increased By ▲ 0.16 (0.65%)
SEARL 104.90 Increased By ▲ 2.37 (2.31%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 39.60 Increased By ▲ 0.16 (0.41%)
SYM 17.34 Increased By ▲ 0.01 (0.06%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPLP 12.70 Decreased By ▼ -0.05 (-0.39%)
TRG 66.60 Increased By ▲ 1.20 (1.83%)
WAVESAPP 11.35 Increased By ▲ 0.24 (2.16%)
WTL 1.80 Increased By ▲ 0.10 (5.88%)
YOUW 4.04 Increased By ▲ 0.10 (2.54%)
BR100 11,997 Increased By 22.7 (0.19%)
BR30 36,384 Increased By 237.3 (0.66%)
KSE100 113,613 Increased By 169.9 (0.15%)
KSE30 35,665 Increased By 29.3 (0.08%)

The Palestinian government has announced products from five Israeli companies will be prevented from entering the occupied West Bank, calling it a response to a similar decision by the Jewish state. "In response to the Israeli decision to ban the entry to Jerusalem of products from five Palestinian companies, the government decided to ban the entry of products from five Israeli companies" to the West Bank, a statement issued after the weekly cabinet meeting on Tuesday said.
The decision takes effect immediately, it added. The five targeted firms are dairy companies Tnuva, Strauss and Tara, meat firm Zoglobeck and drinks company Tapuzina. Palestinians have often threatened to stop buying Israeli products, which represent more than two-thirds of Palestinian imports and amount to nearly $6.5 billion (5.7 billion euros) per year.
But the decision on Tuesday, if implemented effectively, would be a first. Recently, Israel banned products from five Palestinian businesses from entering Jerusalem, according to Palestinian officials. Israel's agriculture ministry issued a statement on Wednesday saying it must enforce health and safety rules on imported products, without confirming the ban or providing further details.
Over 90 percent of Palestinian exports go to Israel, mainly because of the high costs of transporting goods to anywhere else. Israel controls all borders to the West Bank, so exports to the rest of the world must pass through Israel. The international Boycott, Divestment and Sanctions campaign calls for an economic boycott of Israel to force it to end its occupation of the West Bank, which it captured in the Six-Day War of 1967.

Copyright Agence France-Presse, 2016

Comments

Comments are closed.