Egypt’s new protective tariff bill which will be introduced within the next few days, affects adversely many Palestinian products such as oranges, on which the imposition of an 8 percent duty will mean a 120 percent increase over the present rate of eight shillings per ton irrespective of value. Almonds too are affected, since four-fifths of the Palestinian crop is exported to Egypt. Bananas, honey and soap, of which Egypt buys 200,000 pounds a year, will also feel the new tariff.
A memorandum from the Jaffa chamber of commerce to the Palestine government hints at the advisability of a Palestine-Egypt free trade agreement. The export duty on Egyptian articles that Palestine imports is also to be boosted.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
