Duties on imported olive oil won’t be cut, in bid to save local industry

22.07.2012                      03.Aw. 5772

Olivenöl:

Duties on imported olive oil won't be cut, in bid to save local industry

Local producers asking the government to increase customs duties to make imported olive oil more expensive in Israel.

Import duties on a number of food items were reduced by Finance Minister Yuval Steinitz this month – but local olive producers have successfully lobbied for imported olive oil to be excluded from the list, in a bid to boost the flailing local industry….