Minister of Finance Bezalel Smotrich might stop customs duty on the import of milk

Posted on Jul 2, 2023 by Ifi Reporter - Dan Bielski

The Minister of Finance, Bezalel Smotrich, published for public comment an order temporarily canceling the customs duty on the import of Niger milk, due to the shortage on the supermarket shelves. The order comes after Rami Levy and Shufersal appealed to the government to lower the barriers facing imports - including the high customs duty.
Currently, there is a 40% tariff on the import of milk, which is a blocking tariff that makes the import economically unviable and actually prevents imports altogether. To deal with the shortage, the Minister of Finance proposes to cancel the customs duty for a period of about three months, until October 7, 2023.
The abolition of the customs duty is not expected to cause a loss in the state's tax revenues, since there is no such milk being imported into Israel, nor is it likely to cause damage to farmers who own dairy farms, since the dairies will continue to buy the existing milk quotas at the existing target price.
Lior Simcha, CEO of the Milk Producers' Organization, said: "The state made it clear again this evening that it is forbidden to make agreements with it. After countless discussions with the Minister of Finance, the members of the Budget Division, and the Economic Committee, in which we made clear to all parties the importance of maintaining local production, the Treasury once again spits in the face of the farmers and prefers the producers in Poland, Hungary, and other Eastern European countries over Israeli production while enriching the pockets of the importers. The Minister of Finance is giving Israeli industry approval to switch to manufacturing abroad or, alternatively, to divert lines to products that are not under supervision. Instead of taking care of the weak, they are once again taking care of the tycoon importers."


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

BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.