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August 6, 2004       Share:    

Source: http://www.jpost.com/servlet/Satellite?pagename=JPost/JPArticle/ShowFull&cid=1091675650667&p=1078027574121

EU to Tax Israeli Products from Territories

(Jerusalem Post) Tovah Lazaroff- The European Commission is poised to tax products from the West Bank and Gush Katif because it does not believe those areas are part of Israel and Israel's preferential trade agreement does not apply to products from those areas, said a commission spokesperson. Goods from Israel will designate both the country and the city or town of origin. Israel has enjoyed duty-free status in Europe for nearly 25 years. Products from settlements represent less than 1% of the $7.6 billion in annual Israeli exports to the EU.

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