IntroductionImporting goods is an integral part of global trade and provides businesses with extensive opportunities. However, the customs process can be complex and challenging, especially
Introduction: Regulation as a Tool to Promote Foreign Trade Foreign trade is a cornerstone of any nation’s economy, directly influenced by regulatory policies. In 2024,
Introduction Regulation plays a central role in managing and planning both domestic and international trade, ensuring compliance with laws, public safety, and the protection of
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Introduction International trade plays a pivotal role in Israel’s economy, enabling the country to overcome its limited natural resources and integrate into the global market.
The WTO provides a forum for negotiating agreements aimed at reducing obstacles to international trade and ensuring a level playing field for all, thus contributing
Imagine being on the brink of your most ambitious business venture yet: importing a unique range of handmade ceramics from a small but incredibly talented
In the vast landscape of global trade, there exists a bridge connecting two distant lands—one adorned with the intricate tapestry of ancient traditions, the other
With over 66 countries using the procedure, the TIR system is the international customs transit system with the widest geographical coverage. Because the TIR Convention
Overview As the Israeli business community navigates uncharted waters due to the current military conflict in Gaza, companies selling in the US market find themselves
Contents During the 2023 Israel–Hamas war, the Houthi movement in Yemen, aligned with Hamas, launched attacks targeting Israel. They employed missiles and unmanned aerial vehicles (UAVs), some of which were intercepted
The Biden administration has sent messages to the Houthi rebels in Yemen via several channels recently warning them to stop their attacks on ships in the Red
This document presents the macroeconomic staff forecast formulated by the Bank of Israel Research Department in October 2023 concerning the main macroeconomic variables—GDP, inflation, and
For each insurance application received in ASHRA, we perform a risk assessment of the non-payment in the associated transaction. This risk assessment is based on
The Import Reform The import reform focuses on changing the methods of regulating imports into Israel, moving to declaration-based tracks instead of inspections, for a
Tambien disponible en español | Egalement disponible en français The tensions we are now seeing in the international trading system have been building over decades. Many people
The process of importing to Israel includes a series of measures, which you, as an importer, should be familiar with before executing an import transaction.
Any imported commercial product arriving in Israel is required to complete a customs release process. We recommend that you consult a suitable professional in order
The European Commission and the High Representative today published a Joint Communication on a European Economic Security Strategy. This Joint Communication focuses on minimising risks
A fresh supply shock stemming from the war in Ukraine will deal a blow to the economic recovery from COVID-19. The energy and food sectors
OECD Services Trade Restrictiveness Index (STRI): Policy trends up to 2022 shows that liberalisation outpaced new restrictions during the past year, as the erection of new barriers
The war Russia is waging in Ukraine is a humanitarian disaster. Beyond this, the economic damage is already being felt worldwide and risks becoming increasingly
https://www.unitedxp.co.il/wp-content/uploads/2022/03/יחדיו.mp4 Acceleration in merchandise trade bolsters recovery in G20 trade, but growth in services trade eases
OECD Services Trade Restrictiveness Index (STRI): Policy trends up to 2022 shows that liberalisation outpaced new restrictions during the past year, as the erection of new barriers to
Ashdod Port is presently completing one of its more complex operational projects after extensive renovations on the western side of Platform 21.
When we think about international trade, we traditionally think about a person or company producing all elements of a product in their home country and
This is Israel Territory22,072 km² (ranked 154th) Official LanguageHebrew (Arabic as a recognized language with a special status) CurrencyIsraeli Shekel (1USD- 3.47 ILS*) CapitalJerusalem Geography Located
Output in most OECD countries has now surpassed its late-2019 level and is converging on its pre-pandemic path but lower-income economies, particularly those where vaccination
Economic Forecast Summary (December 2021) Economic activity rebounded strongly in 2021 and GDP is projected to grow robustly by 6.3% in 2021, 4.9% in 2022 and 4% in 2023.
The pandemic has shown the vitality of supply chain resilience. Dr Yueh explains what trends should be considered going forward in building back supply chains
In the wake of uncertainty and tensions in the trading system today, alongside heightened public concerns about globalisation, open trade is under threat.
When we think about international trade, we traditionally think about a person or company producing all elements of a product in their home country and
People trade and governments open markets because it is in their interest to do so. Trade and market openness has historically gone hand-in-hand with better
A key challenge for exporters is the scarcity of reliable trade information on markets.
Value Added Tax (VAT), purchase tax and customs duties apply to some instances of personal import of products to Israel.
Verify with the overseas supplier that it specifies the real value of the goods on the invoice
National standardization policy includes: determining standardization priorities, initiating and changes in existing standards, proclaiming standards as mandatory and removing mandatory status, inter-ministerial coordination regarding standardization
Various entities worldwide promote fair trade and act against dumping.
According to the Free Import Order, an import is considered personal import if it has been proven, to the satisfaction of the Tax Authority’s Director
In specific cases it is possible to obtain an exemptions from import license, approval or permit. This does not apply, of course, to goods prohibited
The Ministry of Economy and Industry updates and amends the Free Import Order and Free Export Order to include all the technical
Generally speaking, import to Israel is free. Any person can import without an importer license or an import license/approval. However, some products require importer registration
The EuroMed Trade Helpdesk constitutes a tool to provide accessibility to information on regulation, legislation, customs and other topics.
Pursuant the Trade Levies Law, the existence of dumping is not enough to justify imposing an anti-dumping duty.
The policy’s purpose is to significantly simplify import processes, and to decrease import costs specifically and cost of living in general. The Ministry of Economy
This guide will explain what is dumping, what is not considered dumped imports, how the dumping rate is determined, etc.
