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FINANCIAL NEWS
Blockade causes imports to Gaza to fall 70%
23 Feb 2011
(MENAFN) Palestine Trade Center said that, after the blockade made by Israel in 2007, imports to the Gaza Strip decreased by 70 percent, reported Xinhua News.
The Palestine Trade Center said that the highest imports and exports movement registered was in 1997, with 119,000 truckloads imported to Gaza and 30,000 exported.
The trade center said that it had examined the performance of commercial crossing point between Gaza and Israel between the year 1997 to the beginning of 2011.
Israel had imposed the blockade in an attempt to cut off Islamic Hamas movement which took control of the strip.
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