Daily Archives: November 9, 2014

  • Israel wants to lower customs duty on imported olive oil

    Prime Minister Benjamin Netanyahu has ordered Prime Minister’s Office director general Harel Locker to intercede with the Ministry of Finance to lower import taxes on food.

    “We can, and should, lower, or even eliminate, import taxes on food,” Netanyahu said in a discussion. “This can be done through an order signed by the Minister of Finance,” although the Finance Minister, who was supposed to have been in the room, did not attend the discussion. “This measure will immediately create competition and lower prices,” Netanyahu explained.

    During the cabinet meeting, National Economic Council head Prof. Eugene Kandel reviewed for the ministers possible ways of lowering prices, and presented a plan formulated by the economic team in the Prime Minister’s Office, including a reduction in tariffs on frozen chicken, eggs, milk, fish, honey, daily beverages, yoghurt, soft cheese, olive oil, and butter.

    Calculations by the Prime Minister’s Office indicate that the import taxes on these products have made them much more expensive. For example, after the tariffs are reduced, the price of eggs will drop by 30%, honey by 40%, fish by 28%, butter by 41%, and olive oil by 17%.

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    Prime Minister Benjamin Netanyahu has ordered Prime Minister’s Office director general Harel Locker to intercede with the Ministry of Finance to lower import taxes on food. “We can, and should, lower, or even eliminate, import taxes on food,” Netanyahu said... 
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  • Empack, Packaging and Logistics Innovations Fair in Madrid

    Empack, Packaging and Logistics Innovations, professional fairs that bring together supply and demand of packaging, organized by easyFairs, closed its doors yesterday with 40% more visitors.

    A total of 7,800 trade visitors came to Hall 12 at Feria de Madrid to meet on 5 and 6 November the latest developments and trends of the 300 participating companies.

    Besides getting in touch with a wide range of exhibitors, visitors could enjoy over 50 hours of lectures by national and international experts.

    In Empack, organizers highlighted the conference of Michael Braughart, who attracted a large public follower of Cradle to Cradle.

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    Empack, Packaging and Logistics Innovations, professional fairs that bring together supply and demand of packaging, organized by easyFairs, closed its doors yesterday with 40% more visitors. A total of 7,800 trade visitors came to Hall 12 at Feria de Madrid to meet on 5 and 6... 
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