18/03/2022 | Israel

As part of its vast agricultural reform, the Israeli government has just taken steps to immediately abolish customs duties for various imported fruits and vegetables.

 

In Israel the Ministry of Finance announced new measures to reduce the high cost of living in the country. Immediate abolition of customs duties on a variety of fruits and vegetables such as avocados, garlic, peas, beans, figs, pineapples, berries, mushrooms, as well as other categories. For other fresh, frozen and canned fruits and vegetables, customs duties will be gradually reduced over 5 years.

 

According to the Ministry of Finance, the total saving for the Israeli consumer should be around 820 ILS (252 USD) per year per household.

 

These measures are part of the vast agricultural reform that was approved in the state budget for 2022. The opening of the national market to agricultural imports is compensated by financial assistance to Israeli farmers. Depending on the cultivated area and in the form of subsidies for the purchase of innovative machinery and equipment.

 

source : jerusalempost