Israeli exports hit hard by Palestinian boycott, World Bank says

‘The Palestinian campaign to boycott Israeli goods has exacted a major cost on Israel’s exports to the occupied West Bank and Gaza Strip.

This victory is quietly acknowledged in a World Bank report released this week.

Palestinian imports from Israel dropped by 24 percent during the first quarter of 2015, the report states.

The World Bank explains that the drop “is the result of reduced economic activity, but also a growing trend among Palestinian consumers to substitute products imported from Israel by those from other countries, as a result of which non-Israeli imports were up 22 percent.”’

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