Thursday, February 25, 2010

EU: West Bank goods aren't Israeli

In a ruling touching on the status of the West Bank, the European Union high court said Thursday the disputed area is not part of Israel and Israeli goods made there are subject to EU import duties.

The ruling has no immediate bearing on the Mideast peace process.
But for trade purposes, it argues Israel has no standing in the area where it has built settlements and where its companies make such products as cookies, pretzels, wines, cosmetics and computer equipment.


The ruling opens the door to EU import duties on Israeli goods from the West Bank rendering those products less competitive.

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