XXXVI, No 17, 10/09/2018

Stricter enforcement lifts Israel’s offset benefits to record highs—50 contractors overdue

Counterpurchase obligations levied by Israel on foreign contractors totalled $2.45bn in 2017, $350m more than in 2016. Purchases from SMEs and from companies in Israel’s outlying areas rose by about 50 percent, the ICA’s annual report reveals. The report indicates that the ICA sees the enforcement proceedings against three companies as “success stories.”

 

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