Israel offers up to $54,000 in cash aid to firms in illegal settlements hit by European trade bans, seeks alternative markets
The Israeli government plans to pay companies operating in illegal settlements up to 200,000 shekels ($54,000) following commitments by European countries to ban their goods. Israel's Foreign Trade Administration has set up a dedicated team to help these companies find alternative markets in Asia and South America, including the Philippines, India, the UAE, Chile, and Argentina. Over 25 applications for assistance have already been submitted.
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