News dalla rete ITA

10 Marzo 2019

Cisgiordania/Striscia di Gaza

UK & PALESTINIAN AUTHORITY SIGN TRADE CONTINUITY AGREEMENT

A trade continuity agreement was signed between the PA and the UK in order to ensure that trade continues after the UK leaves the European Union , UK International Trade Secretary Dr Liam Fox said on Monday 18 February. The agreement simplifies trade and will allow businesses to trade as freely as they do now once the UK leaves the EU. The agreement allows Palestinian businesses to continue access the UK market tariff-free which will continue to benefit Palestinian producers in priority sectors, including exporters of fruit, nuts and vegetable fats including dates and olive oil. The UK is seeking to provide continuity for around 40 existing EU trade agreements covering more than 70 countries. Like these agreements, the new UK-Palestinian Authority agreement replicates the existing trading arrangements as far as possible. It will come into effect as soon as the implementation period ends in January 2021, or on 29 March 2019 if the UK leaves the EU without a deal. Total trade between the UK and the Palestinian Authority was worth £31 million in the year ending 2018 Q3. Goods and services trade from the UK to the Occupied Palestinian Territories have grown by 24% between year to Q3 2017 and year to Q3 2018. The UK-Palestinian Authority Agreement applies to the territory of the West Bank and the Gaza Strip. Products produced in the Israeli settlements located within the territories brought under Israeli administration since June 1967 are not entitled to benefit from preferential tariff treatment. (ICE AMMAN)


Fonte notizia: Palestine Economic Portal