PA Businessmen Owe Hundreds of Millions of Shekels to Israeli Industry
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Arab businessmen from the Palestinian Authority owe Israeli factories and businesses hundreds of millions of shekels of unpaid bills, according to Yoram Bilizovsky, head of Israel’s Industrialists Union.
Bilizovsky make his statement ahead of a cabinet meeting that will discuss the issue of unpaid debts owed by PA Arabs to Israelis in the private sector.
Bilizovsky called on the government to offset the debts of PA Arabs against the hundreds of millions of shekels of import taxes Israel collects for the PA at its ports. Israel has been withholding the transfer of such monies to the PA in protest over the inauguration of the new Hamas government.
