"The Ministry of Economy is developing initiatives contrary to the government's policy"

Posted on Oct 28, 2018 by Ifi Reporter

"It is regrettable that the Ministry of Economy is developing initiatives that are contrary to the government's policy of signing a free trade agreement with China," Uriel Lin, chairman of the union's economic forum, said at a meeting of the Economic Forum of the Federation of Israeli Chambers of Commerce.
While the prime minister, and rightly so, is interested in promoting the signing of a free trade agreement with China and also expressed this clearly in his meeting with Chinese Vice President Wang Qishian, the Ministry of Economy is working As opposed to polarizing and formulating a recommendation to raise the protective tariffs on a series of products originating mainly from the People's Republic of China. "
Lin stressed that there is no move that could lead to a reduction in the cost of living in Israel more than a free trade agreement with the People's Republic of China.
"The fact that the Ministry of Economy is formulating a recommendation that is contrary to the current economic policy in Israel, and instead of encouraging competition with the world, wants to return the protective tariffs, mainly to products imported from China, will be a message to the People's Republic that we are not really interested in a free trade agreement with this power."


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

Government Announces Cash Grants for Evacuees Ahead of Passover

Apr 17, 2024 by Ifi Reporter

In a gesture aimed at easing the burden on evacuees unable to return to their homes in the north and south of Israel, the government has approved a generous cash grant ahead of the Passover holiday. Finance Minister Bezalel Smotrich spearheaded the initiative, which seeks to provide financial... Continue reading →

Tesla Israel Sues Customer Over Alleged Unpaid Car Purchase - Bitcoin Payment Dispute

Apr 16, 2024 by Ifi Reporter

In a case set to be heard at the Ashdod Magistrate's Court, Tesla Israel is pursuing legal action against a customer for over a quarter of a million shekels, alleging failure to pay for a car purchased from the company. The lawsuit, which raises novel issues regarding Bitcoin payments and... Continue reading →

EasyJet Cancels Israel Flights Amid Security Concerns until October

Apr 16, 2024 by Ifi Reporter

Just before Passover, the British low-cost giant EasyJet is canceling its flights from Israel to destinations throughout Europe until April 21. The background for the decision is the development of the security situation in Israel, when yesterday morning hundreds of missiles and UAVs were... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.