Farmers federation fumes over proposal to boost food imports

The Farmers Federation lashed out on Monday against Finance Ministry plans to encourage food imports by lowering import tariffs. On Sunday Finance Minister Moshe Kahlon vowed to reduce the cost of food in Israel by taking steps in the coming days to loosen import restrictions.

Israel has a relatively high level of tariffs and other barriers to importing food relative to most OECD countries, he said, and steps to increase competition in the food market would lower prices.


Leave a Reply

Your email address will not be published. Required fields are marked *