Sales of Israeli industrial products in the Palestinian territories have fallen since the break of Intifadat Al-Aqsa by between 300-500 million shekels ($73-$122 million), compared to the corresponding period last year. This constitutes a drop of between 30 and 50 percent, reported the Israel Manufacturers Association.
The fall in exports can be attributed to two factors, say the Israeli manufacturers. One is the boycott of Israeli products, orchestrated by Palestinian political bodies. The second is reluctance on the part of Israeli distributors to make deliveries into the Palestinian areas, out of concern for the safety of their delivery personnel.
Quoted in the Haaretz daily, the association called on Palestinian President Yasser Arafat to work toward improving ties between Israel and the Palestinians. The “economic Intifada,” which had been declared by the Palestinian Authority, may result, said the organization, in a counter-reaction of the Israeli business community. — (Albawaba-MEBG)
© 2001 Mena Report (www.menareport.com)
© 2000 - 2020 Al Bawaba (www.albawaba.com)