Flourishing Trade Between Israel and Arab States ‘a Glimpse’ of Hopeful Future, Says Think Tank

Far from being targeted for “boycotts, divestment and sanctions,” Israel’s trade with its Middle Eastern neighbors is in fact blossoming, a new report from a leading British think tank said on Friday.

Total Israeli exports of goods and services to MENA markets in 2016 are estimated at about $7 billion, and total Israeli imports from Middle Eastern markets in 2016 are estimated at a roughly similar magnitude,” the report — entitled “Assessing Israel’s Trade with its Arab Neighbors” and published by the London-based Institute for Global Change, founded by former UK Prime Minister Tony Blair — noted.

The report spotlighted what it called “the growing dependence of the Palestinian economy on Israel in recent years.”

“In 2016, Israel was the source of some 60 per cent of Palestinian recorded imports of goods and the destination of 85 per cent of Palestinian recorded exports of goods,” the report said. “Moreover, the number of Palestinian laborers employed in Israel increased significantly from 40,000 in 2002 to 130,000 in 2016.”

via Flourishing Trade Between Israel and Arab States ‘a Glimpse’ of Hopeful Future, Says Think Tank

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About OyiaBrown

Please send me, as a comment to this page, any old material you have for inclusion in The Daily Joke Alert - to help enable us all to have our fancy tickled regularly! Never mind the state it's in as I tidy everything up prior to publication. Don't let good material go to waste - and so much does. In the interests of the environment we should always try to re-cycle everything, especially jokes. You know that makes sense! You may find some historical stuff here, but this does not really matter as humor is fairly timeless.

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