Jan 21, 2019 SOURCE: © CTO Data Services Co.
STRICTER ENFORCEMENT LIFTS ISRAEL’S OFFSET BENEFITS TO RECORD HIGHS—50 CONTRACTORS OVERDUE
Counterpurchase obligations levied by Israel on foreign contractors totalled $2.45bn in 2017, $350m more than in 2016. Purchases from SMEs and from companies in Israel’s outlying areas rose by about 50 percent, the Industrial Cooperation Authority’s (ICA’s) annual report reveals.
The ICA recorded 268 new commitments valued at $1.46bn over the...
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