Ramallah: The Minister of National Economy, Mohammad Al-Amour, engaged in discussions with European Union representatives, international partners, and economic institutions to explore the impact of Israeli restrictions on dual-use goods imports.
According to Palestine News and Information Agency - WAFA, Al-Amour emphasized the critical implications of these restrictions, which affect civilian-use materials in sectors like agriculture, healthcare, and technology. These goods are often classified by Israel as prohibited under security grounds, despite their significant role in Palestinian economic development.
Al-Amour pointed out the disparity, noting that while Israeli companies, including those in illegal settlements, have access to these materials, Palestinian businesses are denied this opportunity. This has led to a black market run by Israeli intermediaries who sell the goods to Palestinian firms at inflated prices.
Ibrahim Laafia, representing the EU, reiterated the European Union's commitment to bolstering the Palestinian economy. He stressed Palestinians' right to import such materials under international law and mentioned that the EU will continue to collaborate with international bodies like the World Trade Organization to seek practical solutions.
The meeting featured a recent study that assessed the impact of these restrictions, suggesting the Wassenaar Arrangement as a reference for classifying dual-use materials according to international standards. It proposed creating a more transparent and organized import procedure mechanism.
Participants concurred on the necessity of establishing a fair and transparent licensing system and enhancing diplomatic and legal efforts to remove unjustified trade barriers. These initiatives aim to bolster the Palestinian economy's growth and integration into the global trade network.