The European Commission plans to open European Union markets fully to Palestinian exports in the coming months to help strengthen the Palestinian economy, the EU trade chief said on Thursday. The 27-country bloc has an agreement with the Palestinian Authority that allows Palestinian industrial goods duty-free access to the EU, and requires the Palestinian territories to phase out tariffs on EU exports over five years.
The EU decision to accelerate bilateral trade was announced after a meeting between EU Trade Commissioner Karel De Gucht and Palestinian Economy Minister Hasan Abu-Libdeh.
For more:EU to open market fully to Palestinian exports - Israel Business, Ynetnews
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