Ahead of Israel’s free trade deal with South Korea expected to be signed next week, reports emerged on Thursday that Israel has agreed to exclude Israeli residents living in the West Bank and the Golan Heights from the agreement.
In the past, Israel has refused to sign trade pacts that specifically do not include territories under dispute.
But according to local reports, a final agreement has been struck with the proposed compromise before the visit of South Korea’s Minister of Trade, Industry and Energy Sung Yun-mo to Israel.
This means that residents living in Israel’s disputed territories will not be exempt from custom fees when trading with Seoul, reported YNET News.
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