The ministry said in a press statement on Thursday that the banned materials are used in various sectors within the country, including food, leather, textiles, construction, engineering and chemicals.
The banned substances include sulfuric and nitric acids, which have caused significant damage to related industries, with some even having to close their operations, Xinhua news agency reported.
The ministry said Israel uses the ban on dual-use goods – goods and technologies capable of serving both civilian and military purposes – as a pretext to hinder Palestine's economic recovery, thereby increasing the Palestinian territory's dependence on the Israeli economy. increases.
The Palestinian economy is facing an unprecedented economic shock, the severity of which increased after October 7, 2023, when Israel launched its offensive on the Gaza Strip.
Palestinian National Economy Minister Mohammed Almour warned in May that the Palestinian economy was expected to decline by 10 percent by the end of the year.
The banned substances include sulfuric and nitric acids, which have caused significant damage to related industries, with some even having to close their operations, Xinhua news agency reported.
The ministry said Israel uses the ban on dual-use goods – goods and technologies capable of serving both civilian and military purposes – as a pretext to hinder Palestine's economic recovery, thereby increasing the Palestinian territory's dependence on the Israeli economy. increases.
The Palestinian economy is facing an unprecedented economic shock, the severity of which increased after October 7, 2023, when Israel launched its offensive on the Gaza Strip.
Palestinian National Economy Minister Mohammed Almour warned in May that the Palestinian economy was expected to decline by 10 percent by the end of the year.
