Several key allies of Israel, including the UK and those in the European Union, are reconsidering their trade relationships due to worsening humanitarian conditions in Gaza. The UK announced that discussions for a new trade pact are halted pending changes in Israeli operations. The EU is also reviewing its trade deal, which is critical for Israel’s economy. Israel has attempted to address the humanitarian crisis by allowing some aid but agencies warn it is insufficient, as pre-war needs significantly exceed current deliveries, highlighting the dire situation and potential repercussions for trade.
Britain stated that Israel's actions in Gaza would hinder future trade agreements, highlighting the serious concerns over humanitarian conditions affecting trade negotiations.
The EU aims to review its trade agreement with Israel in light of the ongoing humanitarian crisis in Gaza, revealing the potential economic impacts of the conflict.
Israeli spokesperson Oren Marmorstein criticized the EU's actions, claiming they failed to grasp the complex realities Israel is dealing with amid the crisis.
Humanitarian agencies report that while Israel allowed 100 trucks into Gaza, this is far below the 500 trucks needed to pre-war levels, exacerbating the crisis.
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