Proposed Palestinian Boycott of Israeli Goods Won’t Hurt Israel

>>Follow Matzav On Whatsapp!<<

fayyadPA Prime Minister Salam Fayyad called upon Palestinians on Shabbos to boycott Israeli products and said he was examining ways to bring about an official boycott that would obligate all inhabitants. However, the economic damage that a Palestinian boycott would cause Israel is trivial. According to a study by the Bank of Israel in 2010, Israeli sales to the PA constituted only 0.9 percent of the revenues in the Israeli economy.

Some of these Israeli products include water and electricity, but it is doubtful that Fayyad is suggesting to the Palestinians that they decrease their consumption of these essentials. As the Bank of Israel notes, 38% of Israeli exports to the Palestinians are transfer sales, in which Israeli commercial firms transfer products originating abroad. Another 20% are fuels originating abroad.

{ Israel News Bureau}


  1. If they can’t buy Israeli products, I see no need for Israeli construction companies to employ them. How does that sound, Abu Mazen?

  2. I agree with the Palis this time – I think Israel should stop sending them free handouts, should stop supplying them with electricity, fuel and water, and let them earn their own bread for a while.


Please enter your comment!
Please enter your name here