Hamas, which rules Gaza, has decided to end its boycott of Israeli products.
Emad Al Baz, the Assistant Undersecretary of the Ministry of National Economy in Gaza, said Israeli products are the only possible solution to meet shortages in the local market.
He said his ministry, in collaboration with the Ministry of Finance, has imposed taxes on Israeli products. The taxes will cover the ministry’s operating expenses and are a creative tool to come up with extra funds.
Talal Okal, a Gaza based analyst said that Gaza did not need to end the boycott. “Israel will tremendously gain financially and politically where allowing the Israeli products into Gaza signals the Israeli intention to separate Gaza from the West Bank and end the Gaza-West Bank relationship,” he told Gulf News. “What is right is to open the West Bank market to Gaza and vise versa and no need for Israel in this sole Palestinian equation.”