April 14, 2025 | 16:11 GMT +7
April 14, 2025 | 16:11 GMT +7
Hotline: 0913.378.918
The plan, which includes an aid package of direct and other support to Israeli farmers, is expected to save consumers 2.7 billion shekels ($820 million) a year, the finance and agriculture ministries said in a joint statement.
It will be part of an economic package accompanying the 2021-2022 budget, the first since Benjamin Netanyahu was unseated after 12 years of premiership during which farmers benefited from import barriers and quotas that stoked prices.
The ministries said fruit and vegetable prices rose more than 80% in recent years, prompting public outrage.
Under the plan, taxes would be dropped or reduced on eggs and many other items of fresh produce.
It also includes an easing of regulations on fruit and vegetable imports through the adoption of European standards, and as a result, the ministries expect a significant increase in the range of products offered in Israel.
The latest steps follow another plan announced last week by the government to overhaul Israel's import policies to cut the cost of consumer goods that are as much as 80% more expensive than Western averages, largely by reducing regulations.
($1 = 3.2916 shekels)
(Reuters)
(VAN) Tariffs are making life more expensive for John Pihl. He's been farming in Northern Illinois for more than 50 years.
(VAN) European and American farmer organisations are concerned about the import tariffs that the United States introduced on 9 April for products from the European Union. This makes them 20% more expensive.
(VAN) Global poultry trade is expected to remain strong amid relatively tight global protein supply and growing consumption, RaboResearch concludes in its latest animal protein report.
(VAN) Traditional methods benefit hundreds of species but as new agricultural techniques take over, the distinctive haystacks mark a vanishing way of life.
(VAN) The nation’s top banks are quietly advising their clients on how to build a financial life raft - or perhaps life yacht - from the wreckage of runaway climate change.
(VAN) From FAO Office in the Democratic Republic of the Congo.
(VAN) Corn prices in the Campinas region have surged past 90 reais ($15.80) per 60-kg bag, the highest nominal level in nearly three years, marking a more than 23% jump year-to-date, according to the widely followed Cepea index from the University of Sao Paulo.