Monday, January 21, 2008

Embargo

"Israeli food manufacturers sold NIS 50.2 billion worth of food products in 2007, up 4.5 from 2006, the Manufacturers Association of Israel reported Tuesday. Local sales jumped 4% to NIS 46.8b. and exports increased 17% to $830 million, it said.

Meanwhile, food sales to the Palestinian Authority in 2007 were down 30% from 2006, falling to NIS 300m., the report said. Annual food sales to the PA were NIS 600m. before the outbreak of hostilities in October 2000, the association said."


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