Gaza, 21 Shawwal 1435/17 August 2014 (MINA) – Israeli Newspaper Maariv, Friday edition, revealed that around 80 Israeli factories producing milk were threatened bankrupt next month.
It was due to resolution of European Union (EU) banning the import of milk with raw materials originating from illegal Israeli settlements on Palestinian land.
The resolution was a follow up of European Union’s decision earlier this year, Mi’raj Islamic News Agency (MINA)’s correspondent in Gaza reported, Saturday.
According to the newspaper, Director of Animal Production in Israeli Occupation Regime Ministry of Agriculture has instructed all factories getting impact of the decision to be aware that Israeli export to EU countries would stop completely next month.
The ban does not apply to Israeli milk produced in green line area.
As a result of the ban, Israel occupation regime lose at least $30 million per year.
According to Israeli media, the decision was the first of series of EU decisions prohibiting imports from Israel .
An Israeli economist said that the EU ban was the most severe since the announcement of boycott of any products or services originating from illegal Israeli settlements.
” There can be more factories affected by European Union decisions in the future,” he said.
Businessman have to press Israeli Occupation Government to find quick solution in order that EU revoke the boycott decision.
Meanwhile, Israeli Occupation Financial Minister, Yair Lapid, said that the boycott would cause huge economic loss each year. ” Israeli occupation regime will suffer economic loss about $20 billion each year, while 9,980 workers will lose their jobs,” he said.
The European Union has decided to cut relationship with illegal Israeli settlements in the sectors of trade, economy, culture and education .
The EU said that they applied International Court’s decision in Den haag, Netherlands, in 2004. The decision stated that Israeli settlements in West Bank was illegal. It violated article 49 of Geneva Convention which prohibited colonial state establishing settlements in the occupied areas . (T/K01/Syt/E01)
Mi’raj Islamic News Agency (MINA)