Photo Credit: Miriam Alster / Flash 90
Finance Minister Moshe Kahlon has signed an order to exempt more food products and production items from customs fees upon their arrival in Israel.
In addition, existing exemptions have been extended, new exemptions have been added, and the “customs-free” imports quota has been expanded.
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The moves are designed to ease future costs for Israeli business owners and increase their ability to compete in the international marketplace.
The Finance Ministry is beefing up efforts to maintain a healthy economy despite Israel’s somewhat sluggish growth rate earlier in the year.
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