"Raising the import tariff on Turkey is a suitable Zionist answer to Erdogan," Smotrich said. "For too many years, the State of Israel struggled with Erdogan's antisemitism. Not on my shift!"
The Treasury agreed to charge 6,500 electric and plug-in cars arriving in Israel after the tax increase at the old rate due to their ships taking a safer route to avoid Yemen attacks.
The agreement is expected to soon bring bilateral trade to $3 billion, the ministry said, after bilateral trade between the countries rose 18% last year to $2.2 billion.
Meanwhile, Israel's cabinet plans to further change Israel's import system to resemble the European method of regulations and standards.
The Melnick State Index reveals stagnation in Israeli business sector growth and signals economic concerns for the future.
Until now, most tax treaties are bilateral and not multilateral. MoMA doesn’t actually prescribe anything new, but it presents current “best” practice for resolving multilateral tax disputes
Israel's economy grew significantly last year as many branches of the economy continue to recover after the COVID-19 crisis.
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