Israel Exempts Live Calf Imports from Customs Duties, Sparking Controversy

MSN

The Finance Ministry's decision to permanently exempt live calf imports from customs duties has been met with criticism, as it is expected to benefit major meat companies like Tnuva and Dabbah, which dominate the beef market. With Israelis already facing steep price rises, opponents argue that this move will gift millions of shekels to these companies, further increasing their market control. The exemption is set to have a significant impact on the Israeli economy and the meat industry, with some warning of potential price hikes and market instability. Key terms: customs duties, live calf imports, beef market